MGE Inland Resort is a new all-inclusive vacation resort being planned by a group of young entrepreneurs from Mapua University. It is going to be a newly operated resort with a 12 x 24 swimming pool, 8-room hotel, 18 small cottages, two function rooms and a short order restaurant. Thus, the group has no experience in developing and operating a medium-sized integrated inland resort. To circumvent this lack of experience, the group put together a small group of executives from several functional areas to identify the major activities, their time estimates, and the interrelationships between activities necessary to successfully complete the MGE Inland Resort project. The selected executives are to use their past experience and expertise when exploring this proposed project.

\f11. In problem 2, the probability that the project will be completed in 39 weeks or less is equal to:? (10 points) O a. 0.85811 O b. 0.96637 C. 0.14790 O d. 52.81% O e. 44.91%6. In problem 2, the critical path in the network requires how many weeks to complete the project? (15 points) O a. 35 O b. 33 O c. 29 O d. 37 O e. 32Immediate Optimistic Most Likely Pessimistic Normal Time Crash Time Crash Cost Activity Description Crash Cost Predecessor Time (wks) Time (wks) Time (wks) [weeks) (weeks) /week A Select site 2 B Select senior project staff 3 INN $5,000 $5,000 G Select architect 2 2 $3,000 $3,000 D Develop construction plan A. C 4 $12,000 $6,000 E Bring utilities to the site A 1 2 3 2 F Construct the buildings D. E 12 15 24 12 $28,000 $7,000 G Develop outdoor areas and landscape F $8,000 $2,000 H Finish indoor areas and install necessary equipment F 3 $5,000 $3,000 Select support personnel B $2,500 $2,500 W N Train support personnel $3,500 $3,500 K Get government approval for opening after final inspection G, H, J 29. In problem 2, the sum of variances in the critical path is equal to:? (8 points) O a. 2.18581 O b. 3.18581 ) c. 2.81581 O d. 3.77778 O e. 4.77778