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Question 1 10 points Save Answer A project consists of three activities: A, B, and C. Activities A and B can begin at time 0In the following data file, Normal Data.xlsx, X and Y are both standard normal random variables (mean = 0, standard deviation

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Answer #1

Answer 1:

Step 1:

From the information given in the question, we can draw a process diagram as mentioned below:

Activity A Completion Activity B Activity C

Step 2:

We can calculate the average completion time of the whole project as mentioned in the below table:

1 Run A Duration B Duration C Duration Completion Time 51 48 17 65 2 60 48 19 67 3 30 39 19 58 4 31 48 22 70 5 30 31 14 45 6

Where Completion time of a particular run = Maximum of [ A Duration, Sum (B Duration + C Duration) ], and

Average completion time = Total completion time of 10 runs / 10 runs = 460 days / 10 runs = 546 / 10 = 54.60 days

Hence, the correct answer to the given question would be option D or the second last option.

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