You may need to use the appropriate technology to answer this question.Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on acurrent project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a dailybasis.Time (Weeks)ActivityDescriptionImmediatePredecessorOptimistic Most ProbablePessimisticAReport generation1812BWeb scraping4911CTestingA, B111(a) Construct the project network. (Submit a file with a maximum size of 1 MB.)Choose File No file chosenQUESTION 3 A.jpgThis answer has not been graded yet.(b) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.).0999 X(c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)×.9131

The project is divided into three consecutive tasks, with the longest path (A-B-C) dictating the…

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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You may need to use the appropriate technology to answer this question. Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 9 13 B Web scraping 6 10 12 C Testing A, B 1 1 1 (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) (b) Based solely on the critical path, estimate the probability that the project will be complete within 12 weeks. (Round your answer to four decimal places.) It is not 0.9099 (c) Using all paths through the project network, estimate the probability that the project will be complete within 12 weeks. (Round…
When using evidence-based analytics in decision making, measurement is an essential tool in gauging progress. However, the leader needs to assess data based on the following consideration(s). Check All That Apply To what extent is the measurement an accurate representation of the success of the change initiative?To what extent is the measurement an accurate representation of the success of the change initiative? What is the relationship between the time of the measurement being reported and the timeframe over which the benefits of the change is expected to be delivered?What is the relationship between the time of the measurement being reported and the timeframe over which the benefits of the change is expected to be delivered? What are the components of the measurement being monitored e.g. internal and/or external environmental factors and to what extent are they relevant to the organizational change?What are the components of the measurement being monitored e.g. internal…
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Prompt 1: In the healthcare industry, everything is measured. From drip rates to dosages, it seems as though numbers are everywhere. But how does this reflect the care given to the patients? Which type of data (qualitative or quantitative) do you think yields the most information? Why? Which type of data (qualitative or quantitative) is most effective for forecasting future trends? Why? Which practices can a healthcare manager use to ensure that the data used for forecasting trends is accurate? Provide examples of data evaluation in different types of facilities. Provide examples of data evaluation for different types of issues, such as billing or loss of revenue.
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