Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

M) The dates of the IMAD meeting were established well in advance to the actual event, so that the venue could be chosen appropriately and

M) The dates of the IMAD meeting were established well in advance to the actual event, so that the venue could be chosen appropriately and participants would have enough time to plan their travels. As a result, the required tasks to organize the events must be managed in a very timely and careful way to avoid any delays. Another team has organized the remaining high-level tasks that are required for the organization of the event. They are listed in the following table,

alongside three estimates of their durations.

Considering that durations follow a beta distribution, in how many weeks are we expected to complete all tasks required for the event? Show all the steps and the network that you used to obtain this expectation. ( 3 pts) 2. Which are the tasks that cannot be delayed so as to finish within the expected completion time? How did you find those tasks? ( 3 pts) 3. We promised the meeting chair that we would start all activities 30 weeks before the actual conference. Is this a reasonable timeline? Justify using a convincing statistical reason. ( 3 pts) 4. One of the teams suggested changing the venue for a less-costly one. This would leave us with 22 weeks to all 13 tests. Is that reasonable? As in question 6 , use a convincing statistical argument to justify your answer. (3 pts) 5. Would the alternatives that you proposed on question 3 impact the timeline of the tasks above? Please explain. (1 pts)

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

Welcome To Hospitality An Introduction

Authors: Kaye Kye-Sung Chon, Thomas A. Maier

3rd Edition

1111780684, 9781111780685

More Books

Students also viewed these General Management questions

Question

Imagine you remain in the job listed under point

Answered: 1 week ago

Question

what is Culture and it's related things?

Answered: 1 week ago

Question

8. What are the costs of collecting the information?

Answered: 1 week ago