Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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- 12:23 Ill 5G Problem 1 The following table gives expected times and variances for a probabilistic duration type of project (we are not given and we don't need the optimistic, most likely, and pessimistic time estimates). Activity Expected Time Variance A 4 0.44 B 3 0.69 C 7 2.25 D 11 2.25 E 4 0.11 F 9 1.36 G 6 0.44 H 6 0.69 I 7 1.36 J 13 1.00 K 3 0.44arrow_forwardMemorial College is considering building a new multipurpose athletic complex on campus. The following activities would have to be undertaken before construction can begin. Activity Description ImmediatePredecessor Time(weeks) A Survey building site 7 B Develop initial design 10 C Obtain board approval A, B 13 D Select architect C 3 E Establish budget C 5 F Finalize design D, E 14 G Obtain financing E 11 H Hire contractor F, G 9 (a) Draw a project network. (b) Identify the critical path. (c) Develop the activity schedule for the project. Activity EarliestStart LatestStart EarliestFinish LatestFinish Slack A B C D E F G H (d) What is the expected completion time for the project? The expected completion time is weeksarrow_forward6. Suppose you are given the following data for a project: Activity Expected Activity Time (in days) ABCDEFGH F 24 24 30 Variance 2.1 2.8 1.8 H What is the probability the project will take less than 80 days? a. 2.5% b. 16% c. 84% d. 97.5% e. 99.85% I Critical Path Z 27 7 Narrow_forward
- Q2: For the activities shown below, use Activity on Arrow diagram (A.O.A) to find: 1. Total Duration of the project 2. Critical paths 3. Create a table for the following information (E.S, E.F, L.F, L.S and T.F) Activity A B C D Duration 5 7 4 8 days Followed by DE D 4F G H 1 E F 4 8 J J G 7 J K K H 9 1 J K L M N R 12 9 K M L 6 5 LN 3 15 R 7 R 8 1arrow_forwardHow do I do this problem?arrow_forward
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