Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a

Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis.

Time (Weeks)
Activity Description Immediate Predecessor Optimistic Most Probable Pessimistic
A Report generation 1 8 12
B Web scraping 5 9 11
C Testing A, B 1 1 1

(a)

Construct the project network. (Submit a file with a maximum size of 1 MB.)

This answer has not been graded yet.

(b)

Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)

(c)

Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)

(d)

Should you use the estimate in (b) or (c)?

The probability estimate from (b) based on the critical path is more accurate.The probability estimate from (c) based on both paths is more accurate. The probability estimates from (b) and (c) are equal.

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

More Books

Students also viewed these General Management questions

Question

Under what circumstances do you have to file a tax return?

Answered: 1 week ago

Question

Define Administration?

Answered: 1 week ago