weeks. (Round your response to two decimal places.) weeks. (Round your response to two decimal places.) d) The estimated time for the critical path is e) The activity variance along the critical path is f) Using the standard normal table, the probability that Hopkins Hospitality will finish the project in 42 weeks or less is probability and round your response to three decimal places.) (Enter as a

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Ross Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for
building new motels.
Activity
A
B
C
D
E
F
a
Time (weeks)
4
1
8
5
1
6
m
9
8
14
7
2
9
b
12
23
18
10
4
20
Immediate
Predecessor(s)
A
A
A
B
C, E
Activity
G
H
I
J
K
a
3
1
7
4
1
Time (weeks)
m
3
1
7
8
1
b
5
1
7
12
4
Immediate
Predecessor(s)
C, E
F
F
D, G, H
I, J
Transcribed Image Text:Ross Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels. Activity A B C D E F a Time (weeks) 4 1 8 5 1 6 m 9 8 14 7 2 9 b 12 23 18 10 4 20 Immediate Predecessor(s) A A A B C, E Activity G H I J K a 3 1 7 4 1 Time (weeks) m 3 1 7 8 1 b 5 1 7 12 4 Immediate Predecessor(s) C, E F F D, G, H I, J
a) The expected (estimated) time for activity C is 13.67 weeks. (Round your response to two decimal places.)
b) The variance for activity C is 2.78 weeks. (Round your response to two decimal places.)
c) Based on the calculation of the estimated times, the critical path is A-C-F-H-J-K
d) The estimated time for the critical path is
e) The activity variance along the critical path is
weeks. (Round your response to two decimal places.)
weeks. (Round your response to two decimal places.)
f) Using the standard normal table, the probability that Hopkins Hospitality will finish the project in 42 weeks or less is
probability and round your response to three decimal places.)
(Enter as a
Transcribed Image Text:a) The expected (estimated) time for activity C is 13.67 weeks. (Round your response to two decimal places.) b) The variance for activity C is 2.78 weeks. (Round your response to two decimal places.) c) Based on the calculation of the estimated times, the critical path is A-C-F-H-J-K d) The estimated time for the critical path is e) The activity variance along the critical path is weeks. (Round your response to two decimal places.) weeks. (Round your response to two decimal places.) f) Using the standard normal table, the probability that Hopkins Hospitality will finish the project in 42 weeks or less is probability and round your response to three decimal places.) (Enter as a
Expert Solution
Step 1

The critical path method (CPM) is a project management technique that identifies the sequence of tasks that must be accomplished to complete the project.

The tasks on the critical path are those that cannot be delayed without delaying the end date of the project.

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