incorrect answer :17 There is an 81 percent chance the project below can be completed in...
Problem 5-11 There is an 82 percent chance the project below can be completed in X weeks or less. B E MOST OPTIMISTIC 2 MOST LIKELY PESSIMISTIC MOST ACTIVITY A 5 11 3 3 3 C 1 5 10 10 4 7 What is X? (Do not round intermediate calculations. Round your answer to the nearest whole number.) X LO CON Problem 5-11 There is an 82 percent chance the project below can be completed in X weeks or less....
The following table shows estimates of activity times (weeks) for a project: Activity Optimistic Time Most Probable Time Pessimistic Time A 3 4.5 9 B 1.5 2 2.5 C 5 6 7 D 4 4.5 8 E 5 6 7 F 1 2.5 7 G 7 9 11 Suppose that the critical path is A-B-D-F-G. Use Appendix A to answer the questions. Do not round intermediate calculations. Round your answers to three decimal places. What is the probability that the...
Problem 17-7 Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. Use Table B TIME IN DAYS Immediate Activity Predecessor Optimistic Most Likely Pessimistic 12 15 End E, G, I b.What is the probability that the project can be completed in 24 days or less? In 21 days or less? (Round your te and z values to 2 decimal places and "Standard deviation" to...
Problem 17-7 Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table. Use Table B. TIME IN DAYS Immediate Activity Predecessor Optimistic Most Likely Pessimistic 15 12 7 End E,G,1 b.What is the probability that the project can be completed in 24 days or less? In 21 days or less? (Round your te and z values to 2 decimal places and "Standard deviation" to 3...
You are responsible for managing a project with the following activities (all times are given in weeks): Optimistic Most Likely Pessimistic Immediate Time Predecessor(s) Time Activity Time 4 C, D D, E 12 4 8 6 4 What is the expected time of completion of the project? (weeks) (Include 1 decimal place, e.g.,3.1.) abs What is the probability that the project will be completed in 24 weeks or less? (Provide ab 2 decimal places, no 90 sign, e.g., 2.12 for...
Given the information below, what is the probability that the critical path will be completed in 25 weeks? Time Estimates (Weeks) Activity Optimistic Most Likely Pessimistic IP A 1 4 7 None B 5 6 7 None C 2 4 6 B D 4 16 10 A E 4 6 14 A, C F 6 8 16 B G 1 5 9 D,E,F The probability is less than 0.25. The probability is between 0.5 to 0.75. The probability is between...
The project manager of Good Public Relations gathered the data shown in the following table for a new advertising campaign. Click the icon to view the table. a. How long is the project likely to take? (Make sure to round all intermediate calculations fort, to two decimal places.) The project is expected to take 36.01 weeks. (Enter your response rounded to two decimal places.) b. What is the probability that the project will take more than 36 weeks? Refer to...
Given the project information below, what is the probability of completing the National Holiday Toy project in 93 time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to compute the probability. (Carry at least 3 decimal places in all intermediate calculations and the Z value. Enter your final probability answer to 3 decimal places.) Acct. ID Description Predecessor Optimistic (a) Most Likely (m) Pessimistic (b) Activity Time (te) Variance [(b - a)/6]2 Critical ? 1 Design package None 6...
You have the chance to participate in a project that produces the following cash flows: Cash Flows ($) C0 C1 C2 –5,000 4,000 –11,000 a. The internal rate of return is 13%. If the opportunity cost of capital is 10%, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to the nearest whole number.) NPV: ________
Use the network activity diagram and table below to answer questions 45-53. Activity Optimistic Most Probable Pessimistic A 5 7 B 3 5 7 C 1 2 9 5 E 3 4 2 3 10 G 6 7 14 H 4 12 B G E H. C A. Finish Start F D Using the three time estimate approach, what is the value of uC? O 6 O4 None of the above are correct Use the network activity diagram and table...