The project described in tire following table and precedence network has just begun. It is scheduled to
Question:
a. if you were the manager of tills project, would you be concerned? Explain.
b. If there is a penalty of $5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000?
Transcribed Image Text:
Expected Duration (weeks) Standard Deviation (weeks) 70 90 62 1.90 Activity
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a b Expected Duration Path sabEnd 4 6 10 scdEnd 39 12 Std Dev 6 7 9114 ...View the full answer
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Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
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