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2. An automation project has the following activities and related data: Crash Maximum Immed. Time (weeks Activity Prede- Most Pessi. cessors mistic (a) Likely (m) mistic (k) ($1000) Mean Variance Cost week Crashable Weeks 15 C, D, E 2 2a (20 points) Compute the mean and variance of each activity and record them on the table above. 2b. (40 points) Develop the PERT diagram and identify critical
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2a. The mean and the variance are given by the formulas as follows: Mean: а+4m+3 Variance (bo Now, calculating the mean and t2b. The PERT diagram for the network can be designed as follows: In a PERT diagram node are represented by numeric digits, anFigure 1 shows that network has multiple critical paths given as follows: • • • 1-2-4-6 = 14 1-3-4-6 = 14 1-3-5-6 = 12 There

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