Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You may need to use the appropriate technology to answer this question. The product development group at Landon Corporation has been working on a new

You may need to use the appropriate technology to answer this question.
The product development group at Landon Corporation has been working on a new computer software product that has the potential to capture a large market share. Through outside sources, Landon's management learned that a competitor is working to introduce a similar product. As a result, Landon's top management increased its pressure on the product development group. The group's leader turned to PERT/CPM as an aid to scheduling the activities remaining before the new product can be brought to the market.
The project network is depicted in the following diagram.
A project network with 12 activities and 15 directed arcs is shown.
Activity Start is connected to activity A and to activity B.
Activity A is connected to activity D.
Activity B is connected to activity C, to activity E, and to activity F.
Activity C is connected to activity D.
Activity D is connected to activity I.
Activity E is connected to activity G and to activity H.
Activity F is connected to activity J.
Activity G is connected to activity I.
Activity H is connected to activity J.
Activity I is connected to activity Finish.
Activity J is connected to activity Finish.
Activity Finish has no arcs directed to other activities.
The activity time estimates (in weeks) are listed in the following table.
Activity Optimistic Most Probable Pessimistic
A 345
B 33.57
C 456
D 234
E 71013
F 6.57.511.5
G 4.567.5
H 4512
I 22.56
J 456
(a)
Develop an activity schedule for this project and identify the critical path activities. (Enter your answers as a comma-separated list.)
(b)
Based solely on the critical path, what is the probability that the project will be completed so that Landon Corporation may introduce the new product within 24 weeks? (Round your answer to four decimal places.)
(c)
Based solely on the critical path, what is the probability that the project will be completed so that Landon Corporation may introduce the new product within 30 weeks? (Round your answer to four 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

Small Business Management Entrepreneurship and Beyond

Authors: Timothy s. Hatten

5th edition

538453141, 978-0538453141

More Books

Students also viewed these General Management questions

Question

4. 12.3d What is the first lesson from capital market history?

Answered: 1 week ago

Question

Name the system that includes heart, blood vessels and blood?

Answered: 1 week ago

Question

1. Electrochemical reaction?

Answered: 1 week ago

Question

Rolling friction explain?

Answered: 1 week ago

Question

Sliding friction explain?

Answered: 1 week ago