The Laurenster Corporation needs to set up an assembly line to produce a new product. The following

Question:

The Laurenster Corporation needs to set up an assembly line to produce a new product. The following table describes the relationships among the activities that need to be completed for this product to be manufactured.

(a) Develop a project network for this problem.
(b) Determine the expected duration and variance for each activity.
(c) Determine the ES, EF, LS, LF, and slack time for each activity. Also determine the total project completion time and the critical path(s).
(d) Determine the probability that the project will be completed in 34 days or less.
(e) Determine the probability that the project will take longer than 29 days.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...