Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION: Kelle Carpet and Trim installs carpet in commercial offices. Peter Kelle has been very concerned with the amount of time it took to complete

image text in transcribed
QUESTION: Kelle Carpet and Trim installs carpet in commercial offices. Peter Kelle has been very concerned with the amount of time it took to complete several recent jobs. Some of his workers are very unreliable. A list of activities and their optimistic com- pletion time, the most likely completion time, and the pessimistic completion time (all in days) for a new contract are given in the following table: Time (days) Activity b Immediate Predecessors(s) B , 9 HI B, D F A, E H 1 10 12 T 14 K 2 8 10 a) Draw the network diagram. b) Determine the expected completion time and variance for each activity. c) Determine ES, EF, LS, LF, and slack for each activity, d) Determine the total project completion time and the critical path for the project. e) What is the probability that Kelle Carpet and Trim will finish the project in 40 days or less? f) If the project manager wants at least a 95% probability that the project will be completed on the due date, what is the shortest project due date that will satisfy the manager

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

Financial Accounting Oakton Community College Tools For Business Decision Making

Authors: Paul D. Kimmel ,Jerry J. Weygandt ,Donald E. Kieso

6th Edition

1118113632, 978-1118113639

More Books

Students also viewed these Accounting questions

Question

6-5 How will MIS help my career?

Answered: 1 week ago

Question

Prepare the strategic approach.

Answered: 1 week ago

Question

5-8 What are the advantages and disadvantages of the BYOD movement?

Answered: 1 week ago