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Develop a project network.  Determine the expected project completion time.  What is the probability that the project completion time will be completed? With in 2 weeks earlier than the expected project completion time?  With in 1.5 week more than the expected project completion time ?

Develop a project network.  Determine the expected project completion time.  What is the probability that the project completion time will be completed? With in 2 weeks earlier than the expected project completion time?  With in 1.5 week more than the expected project completion time ?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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  1. Develop a project network. 
  2. Determine the expected project completion time. 
  3. What is the probability that the project completion time will be completed?
    1. With in 2 weeks earlier than the expected project completion time? 
    2. With in 1.5 week more than the expected project completion time ? 

 

Q2 A project has the specifications shown in the following table: Immediate Activity b Mean St. Dev. Var. a m Predecessors None A 5 12 B A 7 7. 7 C A 2 10 5 B 5 12 8 E C 4 8 F C 18 12 G D,E 3 5 H F 8 18 15 I G,H 5 12
Transcribed Image Text:Q2 A project has the specifications shown in the following table: Immediate Activity b Mean St. Dev. Var. a m Predecessors None A 5 12 B A 7 7. 7 C A 2 10 5 B 5 12 8 E C 4 8 F C 18 12 G D,E 3 5 H F 8 18 15 I G,H 5 12
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