A plant is acquiring new production machinery. Before the machinery can be fully functional, a number of
Question:
(a) Determine the expected times and variances for each activity.
(b) Construct a project network for this problem.
(c) Determine the EST, EFT, LST, LFT, and slack for each activity. Also determine the critical path and project completion time.
(d) What is the probability that the project will be finished in 70 days?
(e) What is the probability that the project will need at least 75 days?
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Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 718
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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