Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 22 months, and

Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 22 months, and the project variance is 16.image text in transcribed

a) The probability that the project will be completed in 5 months = (round your response to four decimal places). b) The probability that the project will be completed in 20 months = (round your response to four decimal places). c) The probability that the project will be completed in 25 months = (round your response to four decimal places). d) The probability that the project will be completed in 37 months = (round your response to four decimal places). e) The due date that yields a 95% chance of completion = months (round your response to two decimal places)

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

Human Resource Management Essentials You Always Wanted To Know

Authors: Vibrant Publishers, Jaquina Gilbert

1st Edition

1949395855, 978-1949395853

More Books

Students also viewed these General Management questions

Question

Compute F for the following diagram. 300 250 200 150 100 5 12%

Answered: 1 week ago

Question

If so, what would you do?

Answered: 1 week ago

Question

Under what circumstances do your customers write complaint letters?

Answered: 1 week ago