The project described in the following table is scheduled to be completed in 11 weeks. Constructa network diagram using AOA or AON (see Example 5 for either type). Then answer the following questions:a. If you were the manager of this project, would you be concerned? Explain.b. If there is a penalty of $5,000 a week for each week the project is late, what is the probabilityof incurring a penalty of at least $5,000?Path ActivityEstimated Time(weeks)StandardDeviation (wks.)A C 4 0.70D 6 0.90B E 3 0.62F 9 1.90

Practical Management Science
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Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The project described in the following table is scheduled to be completed in 11 weeks. Construct
a network diagram using AOA or AON (see Example 5 for either type). Then answer the following questions:
a. If you were the manager of this project, would you be concerned? Explain.
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?
Path Activity
Estimated Time
(weeks)
Standard
Deviation (wks.)
A C 4 0.70
D 6 0.90
B E 3 0.62
F 9 1.90

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