In calculating the probability that a project will be finished by some specified time, the probabilities of
Question:
In calculating the probability that a project will be finished by some specified time, the probabilities of each path are multiplied together, on the assumption that the paths are independ- ent of one another. How reasonable is this assumption?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
The assumption that the paths are independent of one another is a simplification used to make calcul...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Operations And Supply Chain Management For MBAs
ISBN: 9781119355328
6th Edition
Authors: Jack R. Meredith, Scott M. Shafer
Question Posted:
Students also viewed these Business questions
-
Homework-2 DECISION ANALYSIS PROBLEMS Problem-1: Kenneth Brown is the principal owner of Brown Oil, Inc. After quitting his university teaching job, Ken has been able to increase his annual salary by...
-
How can we determine the probability that a project will be completed by a certain date? What assumptions are made in this computation?
-
The estimated times and immediate predecessors for the activities in a project at Caesar Douglass retinal scanning company are given in the following table. Assume that the activity times are...
-
U Ltd has three subsidiaries (one of which is dormant) and has the following results for the year to 31 December 2020: Compute the corporation tax liability for the year and state the date (or dates)...
-
A negative muon traveling at 33% the speed of light collides head on with a positive muon traveling at 50% the speed of light. The two muons (each of rest mass 105.7MeV/c2) Annihilate, and produce...
-
Explain under what conditions an American put option will not be early exercised. How to use these conditions to determine the best time to liquidate a firm?
-
Service Revenue} Kibitz Fitness received \(\$ 24,000\) from customers on August 1, 2018. These payments were OBJECTIVE 1 ( 2 CORNERSTONE 5.1
-
In 2010, Jennifer (Jen) Liu and Larry Mestas founded Jen and Larry's Frozen Yogurt Company, which was based on the idea of applying the microbrew or microbatch strategy to the production and sale of...
-
Danny owns an electronics outlet in Dallas. This year, he paid $ 6 9 5 to register for a four - day course in management in Chicago. Danny paid $ 7 0 5 in airfare and $ 6 2 0 for five nights lodging....
-
Is the stretched-S life-cycle project form more common or the exponential form? What other aspects of managing a project are affected by the nature of the project form besides budget- ing and early...
-
Why doesn't it make sense to think in terms of a critical path when activity times are not known with certainty?
-
Only Costco as a physical retailer can go toe-to-toe with Walmart in the wholesale market and come out on top. Operating more than 715 membership warehouse stores, Costco is the nations largest...
-
What are some challenges in workplace communication you may have to deal with? 1. Describe three challenges 2. Give two techniques you may use to respond to the challenges.
-
(A) Find annual (yearly) bank data to calculate the annual Return on Assets (ROA), Return on Equity (ROE), Leverage Multiplier (LM), and Credit Risk Ratio (CRR) for each of the top four Australian...
-
Assume you have array of characters such that: char [] letters ={com.java,1,1,1}; Write java program that prompts the user to enter pattern (i.e. sequence of characters), after that, search for this...
-
How do forward interest rate contracts and interest rate swaps facilitate risk management for corporations and financial institutions, and what impact do these derivative instruments have on overall...
-
describe and asses the direct compensation pay system at 2g robotics. Explain in details.
-
What are the modules in the baseline accounting system model? Discuss the purposes and transactions associated with each module.
-
Eleni Cabinet Company sold 2,200 cabinets during 2011 at $160 per cabinet. Its beginning inventory on January 1 was 130 cabinets at $56. Purchases made during the year were as follows: February . 225...
-
In the Web site development project network, shown in the following figure, the number alongside each activity designates the activity duration (TE) in weeks. Determine: (a) The ES and LS for each...
-
Given the following information regarding a project concerning an initial public offering (IPO), (a) Draw the network. (b) What is the critical path? (c) When will the offering be available...
-
Resolve part (d) of Problem 10 assuming the values of and b are given at the 95 percent level. Repeat, assuming the values are given at the 90 percent level. Problem 10 (d) Critical path probability...
-
Google's AdWords division incurs various costs associated with different activities. For a specific quarter, the total costs for keyword research activities amount to $500,000, and the total costs...
-
Try to answer the following questions: 1 . Brown Corp purchased an $ 8 2 0 , 0 0 0 equipment on Oct 1 2 0 2 0 . The company estimates that the equipment has a useful life of 1 0 years and a salvage...
-
Journal entry worksheet 1 2 3 4 5 6 On April 2 , the company prepaid $ 1 0 , 8 0 0 cash for twelve months' rent for office space. Prepare the required adjusting entry, if any. Note: Enter debits...
Study smarter with the SolutionInn App