Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 7, Problem 4P
Summary Introduction

Interpretation: Type of probability distribution with which individual task times can be modeled is to be determined.

Introduction:

PERT diagram is a graphical project management tool used to organize and analyze project and it’s activity. It defines time duration for a project and also for each activity in a project.

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Suppose the optimistic estimate for completing a particular task is 2 weeks, the pessimistic estimate is 38 days, and the most likely estimate is 20 days. The PERT weight average estimate to complete that task will be:     14 days      20 days      38 days     22 days
The critical path technique is important in project scheduling, but what exactly does it do?
Calculate expected time, critical path, variance, standard deviation, slack time
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