In zuman Inc. The expected activity time is 7 weeks, whereas the optimistic time is 12 weeks and most likely time is 15 weeks , for an pert activity. Ascertain the pessimistic time and the variance of the activity.
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- Suppose that the following estimates of activity times (in weeks) were provided for the network shown below: Activity Optimistic Most Probable Pessimistic A 4 6 7 B 2.5 4 5 C 5 6 7 D 4 5 9 E 6.5 7.5 9 F 2 3.5 5 G 8 9 11 H 5 6 10 What is the probability that the project will be completed. If required, round your answers to four decimal places. Within 20 weeks?---------- Within 21.5 weeks?---------- Within 23 weeks?----------The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 a) What is the critical path? b) What is the project expected time? c) What is the probability of completing in 13…The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Time (in weeks) Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic A Meet with board ------ 1 1 2 B Hire coaches A 4 6 8 C Reserve pool A 2 4 6 D Announce Program B, C 1 2 3 E Meet with Coaches B 2 3 4 F Order Team Suits A 1 2 3 G Register Swimmers D 1 2 3 H Collect Fees G 1 2 3 I Plan first practice E, H, F 1 1 1 b) What is the project expected time? c) What is the probability of completing in 13 weeks? d) What is the…
- The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F Draw a project network for this problem. Fill in all the blanks in the following table. Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C D…The manager of the Oak Hills Swimming Club is planning the club’s swimming team program. The first team practice is scheduled for May 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows: Activity Optimistic Most Probable Pessimistic Immediate Predecessors A 1 2 3 - B 4 6 8 A C 2 4 6 A D 1 2 3 B, C E 2 3 4 B F 1 2 3 A G 1 2 3 D H 1 2 3 G I 1 1 1 E, H, F a. Draw a project network for this problem. b. Fill in all the blanks in the following table. c. What is the expected time and variance to complete the project? Note: For variance (σ2) in activity time, keep two decimal places. Activity Expected Time t (weeks) Variance σ2 ES EF LS LF Slack Critical Path? A B C…Consider 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.
- Given an activity's optimistic, most likely, and pessimistic time estimates of 6,7 and 14 days respectively, compute the PERT expected activity time for this activity. a. 9 b. 8 c. 6 d. 7If the pessimistic duration of an activity is 205, the most likely duration is 160 days and the optimistic duration is 115 days, what is the expected time of the activity for PERT/CPM analysis ? What is the variance for the activity time for PERT/CPM analysis ?Explain which method for determining activity time estimate, deterministic are they perceive to be preferable?
- Glen Halford has laid out the major steps in the engine assembly process for an experimental automobile. the expected completion time(t) and the variance (v) of each activity is shown as follows: t=a+ 4m+b/ , v=(b-a/6)2 Activity t v A 6 2.25 B 10 2.25 C 18 2.25 D 12 7.11 the critical path: B-C-D =10+18+12=40 weeks the expected variance: 2.25+2.25+7.11=11.61 Question: What is the probability that the project will take less than 42 weeks ? (Show work/ explain reasoning to receive full credit.)The project described in the following table has just begun. It is scheduled to be completed in 11 weeks.Use Table B1 and Table B2. Activity Estimated Time(weeks) Standard Deviation(wks.) 1-2 4 0.70 2-4 6 0.90 1-3 3 0.62 3-4 9 1.90 a. If you were the manager of this project, would you be concerned? (Round your intermediate calculations to 2 decimal places and "Probability" values to 4 decimal places.) because the probability of finishing on schedule is only about . b. If there is a penalty of $5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000? (Round your intermediate calculations to 2 decimal places and "Probability" values to 4 decimal places.) Probability Have worked this with various formulas and all come back wrong. Where am I making a mistakeThe Advanced Tech Company has a project to design anintegrated information database for a major bank. Datafor the project are given in Table 7.6. Indirect project costsamount to $300 per day. The company will incur a $150 perday penalty for each day the project lasts beyond day 14.a. What is the project’s duration if only normal times are used?b. What is the minimum-cost schedule?c. What is the critical path for the minimum-cost schedule?