Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Consider the following table: ACTIVITY PREC. ACT. TIME ESTIMATES (days) t o t ml t p t e A ----- 1 2 3 B A

Consider the following table:

ACTIVITY PREC. ACT. TIME ESTIMATES (days)

to tml tp te

A ----- 1 2 3

B A 2 4 6

C B 1 4 7

D B 3 4 5

E C 1 3 5

F D, E 2 3 4

1) Construct a PERT network.

[NOTE: This is the most crucial part of the exercise. Make sure you have the correct network before proceeding to the next sections.]

2) By using ES, EF, LF, LS, find the slack of each activity and the critical path.

3) Find the completion time and the standard deviation () for the project round off the standard deviation to the nearest hundredth: two decimal places.

4) What is the completion time at 95% confidence level?

5) What is the likelihood of this project being completed earlier than 14 days?

6) Between 13 and 15 days?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions