Question

Problem 12-09 (Algorithmic) A project has four activities (A, B, C, and D) that must be...

Problem 12-09 (Algorithmic)

A project has four activities (A, B, C, and D) that must be performed sequentially. The probability distributions for the time required to complete each of the activities are as follows:


Activity
Activity Time
(weeks)

Probability
A 6 0.29
7 0.38
8 0.27
9 0.06
B 3 0.21
5 0.53
7 0.26
C 6 0.06
8 0.26
10 0.37
12 0.22
14 0.09
D 11 0.63
13 0.37
  1. Provide the base-case, worst-case, and best-case calculations for the time to complete the project.
    Activity Base case Worst case Best case
    A weeks weeks weeks
    B weeks weeks weeks
    C weeks weeks weeks
    D weeks weeks weeks
    Total weeks weeks weeks
  2. Use the random numbers 0.3805, 0.5621, 0.7067 and 0.1687 to simulate the completion time of the project in weeks.
    Activity Random Number Completion Time
    A 0.3805 weeks
    B 0.5621 weeks
    C 0.7067 weeks
    D 0.1687 weeks
    Total weeks
  3. Discuss how simulation could be used to estimate the probability that the project can be completed in weeks or less.

    Simulation provides a distribution of project completion times. The   of times weeks and under can be used to estimate the probability that the project will be completed within weeks.
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Answer #1

19) Worst Case Base Case Activity Best case I wooks Gweets 9 wers 7 weeks sweaks 3 weeks 10 weeks 6 weoks 14 weeks 13 weeks 1c) Simulation provides a distribution of project completion times. The mean of times weeks and under can be used to estimate the probability that the project will be completed within weeks.

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