ENGINEERING DESIGN PROCESS>PRINT UPGRD<
3rd Edition
ISBN: 9780357778845
Author: HAIK
Publisher: CENGAGE L
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Chapter 2.8, Problem 2P
Assume that the optimistic, most likely, and pessimistic activity times are as given in Table 2.4.
- a. Complete the table.
- b. Determine the probability of finishing the job in 32 weeks.
Table 2.4: Problem 2
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Four consumers are willing to pay these amounts for haircuts, and four haircutting businesses have these costs:
Consumers' Willingness to Pay
Firms' Costs
Edison: $45
Firm A: $40
Kevin: $25
Firm B: $20
Maria: $15
Hilary: $35
Firm C: $10
Firm D: $30
Each firm has the capacity to produce only one haircut.
For efficiency,
should be given.
Which businesses should cut hair? Check all that apply.
Firm A
Firm B
Firm C
Firm D
Which consumers should have their hair cut? Check all that apply.
Edison
Hilary
Kevin
Maria
The maximum possible total surplus is $
Chapter 2 Solutions
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