You need to conduct a Monte Carlo simulation with 10 iterations. For each iteration you need 5 random numbers. The table below shows the required random numbers. Use them to determine the expected duration for each activity in each iteration. Estimate a range for the entire project duration. Calculate the probability that each activity might be critical. Activity A B C D E Round 1 11395 82 71 Round 2 1 12 2285 43 64 54 Round 3 66 41 72 23 0 Round 4 7 98986 84 64 58 65 Round 5 28 2888 92 98 39 48 Round 6 98 95 82 95 65 Round 7 63 32 51 946 99 54 Round 8 37 40 13 9 42 Round 9 63 87 47 36 77 Round 10 44 56 53 71 26

You need to conduct a Monte Carlo simulation with 10 iterations. For each iteration you need 5 random numbers. The table below shows the required random numbers. Use them to determine the expected duration for each activity in each iteration. Estimate a range for the entire project duration. Calculate the probability that each activity might be critical. Activity A B C D E Round 1 11395 82 71 Round 2 1 12 2285 43 64 54 Round 3 66 41 72 23 0 Round 4 7 98986 84 64 58 65 Round 5 28 2888 92 98 39 48 Round 6 98 95 82 95 65 Round 7 63 32 51 946 99 54 Round 8 37 40 13 9 42 Round 9 63 87 47 36 77 Round 10 44 56 53 71 26

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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