The optimistic, most likely and pessimistic times for the tasks comprising a project are shown below. Use the data to compute the expected completion time and variance for each task. Task to tm tp A 5 10 19 B 2 16 19 C 7 10 14 D 6 22 29 E 20 26 29 Find the expected completion time and variance for each task and fill in the table below (enter your responses rounded to two decimal places). Task to tm tp te s2t A 5 10 19
The optimistic, most likely and pessimistic times for the tasks comprising a project are shown below. Use the data to compute the expected completion time and variance for each task. Task to tm tp A 5 10 19 B 2 16 19 C 7 10 14 D 6 22 29 E 20 26 29 Find the expected completion time and variance for each task and fill in the table below (enter your responses rounded to two decimal places). Task to tm tp te s2t A 5 10 19
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
The optimistic, most likely and pessimistic times for the tasks comprising a project are shown below. Use the data to compute the expected completion time and variance for each task.
Task
|
to
|
tm
|
tp
|
A
|
5
|
10
|
19
|
B
|
2
|
16
|
19
|
C
|
7
|
10
|
14
|
D
|
6
|
22
|
29
|
E
|
20
|
26
|
29
|
Find the expected completion time and variance for each task and fill in the table below (enter your responses rounded to two decimal places).
Task
|
to
|
tm
|
tp
|
te
|
s2t
|
A
|
5
|
10
|
19
|
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.