What is the variance in completion time for the critical path found in above? Compute and explain.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Given the following Time Chart and Network Diagram, find the Critical Path.
Activity
b
Variance
a
m
A
2
3
4
3
1/9
B
1
2
3
1/9
4
5
12
16/9
D
1
3
5
3
4/9
E
1
2
3
2
1/9
Activity C
t=6
Activity A
t=3
Activity E
t=2
Activity D
t=3
Activity B
t=2
What is the variance in completion time for the critical path found in above? Compute and
explain.
Transcribed Image Text:Given the following Time Chart and Network Diagram, find the Critical Path. Activity b Variance a m A 2 3 4 3 1/9 B 1 2 3 1/9 4 5 12 16/9 D 1 3 5 3 4/9 E 1 2 3 2 1/9 Activity C t=6 Activity A t=3 Activity E t=2 Activity D t=3 Activity B t=2 What is the variance in completion time for the critical path found in above? Compute and explain.
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