Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A7-3 (Algo) The expected times and variances... The expected times and variances for the project activities follow. Complete the table showing which activities are critical.

image text in transcribed
A7-3 (Algo) The expected times and variances... The expected times and variances for the project activities follow. Complete the table showing which activities are critical. ID Description Predecessor Variance Critical? 1 Pilot production None 6 3 2 Select channels of distrib None 12 3 Develop mktg. program None 17 2 4 Test market 1 4 5 Patent 1 19 5 Full production 4 17 10 Ad promotion 8 Release 2,5.6,7 2 What is the probability of completing the project in 28 periods? Hint: Use the =NORM.S.DIST(z. TRUE) function In Excel to compute the probability. (Do not round Intermediate calculations. Round the final answer to 3 decimal places, L.e.. 0.750.) The probability of completing the project in 28 periods

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Step: 3

blur-text-image

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

Managerial Decision Modeling With Spreadsheets

Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair

3rd Edition

136115837, 978-0136115830

More Books

Students also viewed these General Management questions

Question

Compute the derivative of f(x)cos(-4/5x)

Answered: 1 week ago

Question

Discuss the process involved in selection.

Answered: 1 week ago

Question

Differentiate tan(7x+9x-2.5)

Answered: 1 week ago

Question

Explain the sources of recruitment.

Answered: 1 week ago