03There is an 80 percent chance the project below can be completed in X weeks or less.MOSTACTIVITY OPTIMISTICA2CDE47I698B91MOSTLIKELY62881D1EMOSTPESSIMISTIC10491111What is X?Note: Do not round intermediate calculations. Round your answer to the nearest whole number.

ACTIVITYambA2610B414C729D8811E9111

Answered: What is X? Note: Do not round…

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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A manager is simulating the number of times a machine operator stops a machine to make adjustments. After careful study the manager found that the number of stops ranged from one to five per cycle and that each number of stops was equally likely. Using the random numbers 0.72 and 0.27 (in that order), determine how many stops for adjustments each of the next two cycles will have. The first cycle will have stops and the second cycle will have stops.
total sales = 432500 tickets sold = 9500 if tickets sold for 35 and 55 each how many of each type sold
Units Produced and Sold 1,000 1,500 2,000 Sales $15,000 $22,500 $30,000 Variable Costs (6,000) (9,000) (12,000) Fixed Costs (4,000) (4,000) (4,000) Profit $ 5,000 $ 9,500 $ 14,000 What is the expected profit if 1,600 chairs are made?
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What is X? Note: Do not round intermediate calculations. Round your answer to the nearest whole number X