Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider a project which requires the following tasks: Task Immediate Predecessors HEUREYI B C D F G ABCDEFG none A A B, C none

 

Consider a project which requires the following tasks: Task Immediate Predecessors HEUREYI B C D F G ABCDEFG none A A B, C none D, E D, E Draw the project network. Assume the time to complete each task is uncertain, with the optimistic, most probable, and the pessimistic task time given as follows: Task Optimistic 3 4 1 1 2 F 4 G 1 Task Time (in days) Most Probable Pessimistic 5 4 2 2 3 8 3 on the information provided, answer the following questions, please show your calculations. 6% b.i) For each task, compute the expected task completion time and variance. JENTE holding 7 4 3 9 18 17 ering cost 12% b.ii) Find the expected project completion time and the variance. Also, what are the critical activities? 5% b.iii) What is the probability of completing the project in 24 days or less? 5% b.iv) What is the probability of completing the project in 22 days or more?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To answer these questions well perform a threepoint estimation for each task to compute the expected task completion time and variance The threepoint ... 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

Operations Management Sustainability And Supply Chain Management

Authors: Jay Heizer, Barry Render, Chuck Munson

13th Edition

0135173620, 978-0135173626

More Books

Students also viewed these General Management questions

Question

=+e) What probably happened to earnings after the initial 17 days?

Answered: 1 week ago