Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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- 11. Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 24 months, and the project variance is 4. Part 2 a) The probability that the project will be completed in 20 months = ______ (round your response to four decimal places)arrow_forwardBased on data attached, specify the duration, cost, and the critical path before accelerated and after acceleratedarrow_forwardMueller & Associates is a urban planning firm that is designing a new public park in an Omaha suburb. Coordination of the architect and subcontractors will require a major effort to meet the 42-week completion date requested by the owner. The Mueller project manager prepared the following project network. Start Activity A B C D E F G Estimates of the optimistic, most probable, and pessimistic times (in weeks) for the activities are as follows. H 4 6 6 Optimistic Most Probable 3 6 5 A 10 5 8 7 12 5 9 8 B 15 C 6 D Pessimistic 12 8 18 7 18 17 20 F 13 E G H Finish (ii)arrow_forward
- I'm unable to answer the following question? What is the total cost of crashing the project from its current duration down to 13 weeks?arrow_forwardA) What is the variance activity B? 2 decimal places B) What is the variance of activity F? 2 decimal places C) what is the probability the project can be completed? 4 decimals places only D) what is the probability the project will be 3 weeks late from the expected completion time ? 4 decimal places only.arrow_forwardGiven the information below, what are the estimated expected (mean) times (in weeks) for activities A-H? What are the estimated standard deviations (in weeks) in the times for activities A-H?arrow_forward
- Kirti and the team want to ascertain the expected activity time and the variance of activity zeta of the company where optimistic time for that is 45 days , pessimistic time is 155 days and the most likely time is 60 days ?arrow_forwardRoss Hopkins, president of Hopkins Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels. Activity A B C D E F a Time (weeks) 4 1 8 5 1 6 m 9 8 14 7 2 9 b 12 23 18 10 4 20 Immediate Predecessor(s) A A A B C, E Activity G H I J K a 3 1 7 4 1 Time (weeks) m 3 1 7 8 1 b 5 1 7 12 4 Immediate Predecessor(s) C, E F F D, G, H I, Jarrow_forwardSuppose that you are assigned to a construction project which is planned to be build as early as possible. As a planning engineer you have to find the right sequence of activities in order to complete the project on time. Use Gantt (Bar) Chart and calculate total duration and determine the critical path of the project. Immediate Estimated Activity Predecessors Duration A 2 weeks A 4 weeks в 10 weeks D 6 weeks E 4 weeks S weeks 7 weeks 9 weeks 7 weeks 8 weeks 4 weeks E G D E, G F, I K 5 weeks 2 weeks 6 weeks м H N K, L Immediate Predecessor (Finish to Start) Construct Gantt Chart of the project.arrow_forward
- Which 10 risks are related to IT project management?arrow_forwardA renovation of the gift shop at Orlando Amway Center has six activities (in hours). For the following estimates of a, m, and b, calculate the expected time and the standard deviationfor each activity:arrow_forwardc. Draw a Gantt chart for this project based on the earliest timesarrow_forward
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