MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
11th Edition
ISBN: 9780133885583
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Textbook Question
Chapter 7, Problem 26P
Consider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a very small amount of time and should be treated as a numeric zero in the analysis.
- Based on the critical path, find the probability of completing the office renovation project by 39 days.
- Find the date by which you would be 90 percent sure of completing the project.
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Consider the office renovation project data in the following table. A "zero" time estimate means that the activity could take a very small amount of time and should be treated as a numeric zero in the analysis.
a. Based on the critical path, find the probability of completing the office renovation project by 39 days. Refer to the standard normal table. (Make sure to round all intermediate calculations for te and variance to two decimal places.)
The probability is
Consider the office renovation project data in the following table. A "zero" time estimate means that the activity could take a very small amount of time and should be treated as a numeric zero in the analysis.
a. Based on the critical path, find the probability of completing the office renovation project by 39 days. Refer to the
standard normal table (Make sure to round all intermediate calculations for te and variance to two decimal places.)
The probability is
Consider the office renovation project data in Table 7.16. A “zero” time estimate means that the activity could take a very small amount of time and should be treated as a numeric zero in the analysis.a. Based on the critical path, find the probability of completing the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure of completing the project.
Chapter 7 Solutions
MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
Ch. 7 - One of your colleagues comments that software is...Ch. 7 - Explain how to determine the slack for each...Ch. 7 - Define risk as it applies to projects. What are...Ch. 7 - Consider the following data for a project to...Ch. 7 - The following information is known about a project...Ch. 7 - A project for improving a billing process has the...Ch. 7 - Prob. 4PCh. 7 - Prob. 5PCh. 7 - Prob. 6PCh. 7 - Prob. 7P
Ch. 7 - Prob. 8PCh. 7 - Prob. 9PCh. 7 - The following information concerns a project to...Ch. 7 - Consider a project to produce custom door moldings...Ch. 7 - Table 7.5 contains information about au...Ch. 7 - The Advanced Tech Company has a project to design...Ch. 7 - Prob. 14PCh. 7 - Prob. 15PCh. 7 - Prob. 16PCh. 7 - Prob. 17PCh. 7 - Prob. 18PCh. 7 - Prob. 19PCh. 7 - Prob. 20PCh. 7 - Recently, you were assigned to manage a project to...Ch. 7 - In Solved Problem 2, estimate the probability that...Ch. 7 - The director of continuing education at Bluebird...Ch. 7 - Gabrielle Kramer, owner of Pet Paradise, is...Ch. 7 - The project manager of Good Public Relations...Ch. 7 - Consider the office renovation project data in...Ch. 7 - Activity B and activity K are critical activities....Ch. 7 - Prob. 2AMECh. 7 - Prob. 3AMECh. 7 - Prob. 4AMECh. 7 - Prob. 5AMECh. 7 - Assess the four categories of a risk-management...Ch. 7 - Prob. 2VCCh. 7 - Assume you are Denise Tower and have...Ch. 7 - Prob. 1CCh. 7 - Prob. 2CCh. 7 - Prob. 3CCh. 7 - Prob. 4C
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Given the information below, estimate the probability that the noncritical path B-C-G will take more than 15 weeks. Hint: Subtract from 1.0 the probability that B-C-G will take 15 weeks or less. Refer to the standard normal table. Question Viewer Activity Expected Time (weeks) Variance A 4.0 1.00 B 5.5 0.96 C 4.0 0.15 D 11.5 1.52 E 6.5 2.40 F 8.5 2.55 G 5.0 0.69 The probability that this path will take more than 15 weeks to complete is ☐. (Enter your response rounded to four decimal places.)arrow_forwardA solved PERT problem is detailed in the table below. The expected time and variance values and the critical activities are given in the table below. Answer the following questions by filling the blanks (WRITE YOUR ANSWERS TO 2 DECIMAL PLACES. DO NOT ROUND UP OR DOWN): a. The expected project completion time for this problem is and the standard deviation is . b. There is a 0.95 probability that the project will be completed by weeks. Activity Expected time Variance Critical? A 10 0.36 Yes B 7 0.11 No C 7 0.25 No D 3 0.48 Yes E 5 1.60 Yes F 7 0.69 No G 2 3.69 Yesarrow_forwardConsider the office renovation project data in Table 7.16. A“zero” time estimate means that the activity could take a verysmall amount of time and should be treated as a numericzero in the analysis.a. Based on the critical path, find the probability ofcompleting the office renovation project by 39 days.b. Find the date by which you would be 90 percent sure ofcompleting the project.arrow_forward
- The following information has been computed from a project: Expected total project time = T = 62 weeks Project variance = 81 1- What is the probability that the project will be completed 18 weeks before its expected completion date? 2- Draw Normal Curve & Analysis your solution with conclusionarrow_forwardyou can solve it on table and i will copy itarrow_forwardPlease solve my Problem as Soon as possible. Thank You!arrow_forward
- Consider the following PERT time estimates: a. Draw a network for this project and determine the critical path based on the most likely times by inspection.b. Assuming that the critical path is the one you identified in part (a), what is the probability that the project will be completed before 28weeks? Before 32 weeks?c. Assuming that the critical path is the one you identified in part (a), how many weeks are required to complete the project with probability .95?arrow_forwardWhy might a probabilistic estimate of a project’s completion time based solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable?arrow_forward29 A project being analyzed by PERT has 60 activities, 13 of which are on the critical path. If the estimated time along the critical path is 214 days with a project variance of 100, what is the probability that the project will take 224 days or more to complete? Select one: a. 0.1587 b. 2.14 c. near zero d. 0.0126 e. 0.8413arrow_forward
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