Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 24, 2024

For one specific project, the estimated average time for the critical path is 120 days. The standard deviation along the critical path is 8. Please

For one specific project, the estimated average time for the critical path is 120 days. The standard deviation along the critical path is 8. Please choose the correct answer by using PERT analysis.

4. If the operation manager wants the project to be completed with 99% of probability, what is the completion time the manager needs to set?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Strategic Management A Competitive Advantage Approach Concepts

Authors: Fred R. David, Forest R. David

15th edition

978-0133444896, 133444791, 9780133444858, 133444899, 133444856, 978-0133444797

More Books

Students also viewed these General Management questions

Question

★★★★★

Please answer the following questions regarding the taxability of Social Security: a. A 68-year-old taxpayer has $20,000 in Social Security income and $100,000 in tax-free municipal bond income. Does...

Answered: 1 week ago

Question

★★★★★

=+ Stakeholders opinions.

Answered: 1 week ago

Question

★★★★★

5. Explain adaptive selling and five alternative approaches to selling: stimulus response, mental states, problem solving, needs satisfaction, and consultative.

Answered: 1 week ago

Question

★★★★★

Vista City hospital plans the short-stay assignment of surplus beds (those that are not already occupied) 4 days in advance. During the 4-day planning period about 30, 25, and 20 patients will...

Answered: 1 week ago

Question

★★★★★

For one specific project, the estimated average time for the critical path is 120 days. The standard deviation along the critical path is 8. Please choose the correct answer by using PERT analysis....

Answered: 1 week ago

Question

★★★★★

Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT distributors. The IT distributor places small, frequent orders, and...

Answered: 1 week ago

Question

★★★★★

FID Enterprises reports year - end information from 2 0 2 4 as follows: Sales ( 1 6 1 , 2 5 0 units ) $ 9 6 4 , 0 0 0 Cost of goods sold ( 6 4 5 , 0 0 0 ) Gross margin 3 1 9 , 0 0 0 Operating...

Answered: 1 week ago

Question

★★★★★

Annual Report Baldwin Balance Sheet ASSETS C59559 Dec. 31 2022 DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your...

Answered: 1 week ago

Question

★★★★★

QUESTION 2 (3 points): A portable lunch wagon is to be located along the main aisle of an industrial plant. Travel between customer locations and the main aisle is rectilinear. The coordinate points...

Answered: 1 week ago

Question

★★★★★

Describe the fault tree analysis for the flash light that doesn't work . You will be responsible for the same number of fault trees as people in your group. For example, if you are working alone, you...

Answered: 1 week ago

Question

★★★★★

A game maker has a big content update. After some delays, the content update goes live. Average daily users begin to decrease. As a result, the game maker rolls back all of the changes from the...

Answered: 1 week ago

Previous Question Next Question