You need to conduct a Monte Carlo simulation with 10 iterations. For each iteration you need 5 random numbers. The table below shows the required random numbers. Use them to determine the expected duration for each activity in each iteration. Estimate a range for the entire project duration. Calculate the probability that each activity might be critical. Activity A B C D E Round 1 11395 82 71 Round 2 1 12 2285 43 64 54 Round 3 66 41 72 23 0 Round 4 7 98986 84 64 58 65 Round 5 28 2888 92 98 39 48 Round 6 98 95 82 95 65 Round 7 63 32 51 946 99 54 Round 8 37 40 13 9 42 Round 9 63 87 47 36 77 Round 10 44 56 53 71 26
You need to conduct a Monte Carlo simulation with 10 iterations. For each iteration you need 5 random numbers. The table below shows the required random numbers. Use them to determine the expected duration for each activity in each iteration. Estimate a range for the entire project duration. Calculate the probability that each activity might be critical. Activity A B C D E Round 1 11395 82 71 Round 2 1 12 2285 43 64 54 Round 3 66 41 72 23 0 Round 4 7 98986 84 64 58 65 Round 5 28 2888 92 98 39 48 Round 6 98 95 82 95 65 Round 7 63 32 51 946 99 54 Round 8 37 40 13 9 42 Round 9 63 87 47 36 77 Round 10 44 56 53 71 26
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
Problem 25EQ
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Transcribed Image Text:120
100
80
ان...
60
40
20
Activity
10
ABCDE
5
30
6
E
Round
1
51
82
39
1
71
60
7
Percent
You need to conduct a Monte Carlo simulation with 10 iterations. For each iteration you need 5
random numbers. The table below shows the required random numbers. Use them to determine
the expected duration for each activity in each iteration. Estimate a range for the entire project
duration. Calculate the probability that each activity might be critical.
100
12
43
64
54
8
Round Round Round
2
3
4
1
66
7
41
84
72
64
23
58
0
65
It is recommended to use Excel.
Round Round
5
6
28
98
92
95
98
82
39
95
48
65
Round
7
63
32
51
99
54
Round
8
37
40
13
9
42
Round
9
63
87
47
36
77
Page <
Round
10
44
56
53
71
26
2
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