Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

21. Consider a project consisting of the following 7 activities. The optimistic, most likely, and pessimistic times, as well as a predecessor for each activity,

21. Consider a project consisting of the following 7 activities. The optimistic, most likely, and pessimistic times, as well as a predecessor for each activity, are given in the table. The precedence relationship is finish-to-start for all the activities in the project.


a) Using the most likely times, apply the Critical Path Analysis method to find out the critical path and the total expected time to complete the project.

b) What is the earliest and latest start time for activity C?

c) Use PERT to calculate the expected time for all the activities.

d) Using the calculated expected times, apply the Critical Path Analysis method to find out the critical path and the total expected time to complete the project.

e) What is the probability that the project is completed in less than 70 days?












Predecessor Optimistic time Most likely time Pessimistic time Activity 3 days 5 days 7 days A B. A 12 days 15 days 18 days 20 days 25 days 42 days B. 24 days 26 days 28 days B 26 days 30 days 34 days F C,D 3 days 10 days 11 days G E,F 8 days 10 days 18 day

Step by Step Solution

3.47 Rating (154 Votes )

There are 3 Steps involved in it

Step: 1

Activity Predecessor Optimistic time Most likely time Pessimistic time A 3 days 5 days 7 days B A 12 days 15 days 18 days C B 20 days 25 days 42 days D B 24 days 26 days 28 days E B 26 days 30 days 34 ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Document Format ( 1 attachment)

Word file Icon
6045b227b9146_7486915.docx

120 KBs Word File

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing Supply Chain and Operations An Integrative Approach

Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb

1st edition

132832402, 978-0132832403

More Books

Students also viewed these Corporate Finance questions

Question

What is our style of communicating?

Answered: 1 week ago