(a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This 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. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (d) Should you use the estimate in (b) or (c)? O The probability estimate from (b) based on the critical path is more accurate. O The probability estimate from (c) based on both paths is more accurate.
(a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This 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. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (c) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (d) Should you use the estimate in (b) or (c)? O The probability estimate from (b) based on the critical path is more accurate. O The probability estimate from (c) based on both paths is more accurate.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 37P
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