Question
Habitat for Humanity International is a nonprofit organization dedicated to eliminating poverty housing worldwide. Suppose the following table contains estimates of activity times (in days)
Habitat for Humanity International is a nonprofit organization dedicated to eliminating poverty housing worldwide. Suppose the following table contains estimates of activity times (in days) involved in the construction of a house that Habitat for Humanity is building.
Activity | Optimistic | Most Probable | Pessimistic |
---|---|---|---|
A | 5 | 6.0 | 7 |
B | 8 | 9.0 | 10 |
C | 6 | 6.5 | 10.5 |
D | 6 | 8.0 | 9 |
E | 5 | 6.0 | 8 |
F | 4 | 5.0 | 6 |
(a)
Compute the expected activity completion times and the variance for each activity. (Round your answers to two decimal places.)
Activity | Expected Times | Variance |
---|---|---|
A | ||
B | ||
C | ||
D | ||
E | ||
F |
(b)
An analyst determined that the critical path consists of activities B-D-F. Compute the expected project completion time and the variance of this path. (Round your answers to two decimal places.) expected project completion time- variance of projection completion time-
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