Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of apleasure yacht is 21 months, and the project variance is 16.a) The probability that the project will be completed in 25 months =(round your response to four decimal places).b) The probability that the project will be completed in 37months = ☐ (round your response to four decimal places).c) The due date that yields a 95% chance of completion = ☐ months (round your response to two decimal places)..

a) Probability of completing in 25 monthsIdentify the…

Answered: Using PERT, Adam Munson was able to…

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...

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