What is the expected time for activity B? What is the variance for activity B? Based on the calculation of estimated times, what is the critical path? What is the estimated time of the critical path?
What is the expected time for activity B? What is the variance for activity B? Based on the calculation of estimated times, what is the critical path? What is the estimated time of the critical path?
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 17DRQ: Under what conditions might a firm use multiple forecasting methods?
Related questions
Question
Consider the activities, durations, and predecessor relationships in the following network. Draw the network and answer the questions that follow.
Activity Description |
Immediate Predecessor(s) |
Optimistic (Weeks) |
Most Likely (Weeks) |
Pessimistic (Weeks) |
A |
--- |
4 |
7 |
10 |
B |
A |
2 |
8 |
20 |
C |
A |
8 |
12 |
16 |
D |
B |
1 |
2 |
3 |
E |
D, C |
6 |
8 |
22 |
F |
C |
2 |
3 |
4 |
G |
F |
2 |
2 |
2 |
H |
F |
6 |
8 |
10 |
I |
E, G, H |
4 |
8 |
12 |
J |
I |
1 |
2 |
3 |
- What is the expected time for activity B?
- What is the variance for activity B?
- Based on the calculation of estimated times, what is the critical path?
- What is the estimated time of the critical path?
- What is the activity variance along the critical path?
- What is the probability of completion of the project before week 42?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 3 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)