What is the probability of completing the National Holiday Toy project in 95 time units? Carry at least 3 decimal places in all calculations, enter the final value in 3 decimal places.
Act. ID |
Description |
Predecessor |
Optm. (a) |
Most likely (m) |
Pess. (b) |
Act time te |
Variance [(b 2 a)/6]2 |
Critical |
1 |
Design package |
None |
6 |
12 |
24 |
13 | 9 | x |
2 |
Design product |
1 |
15 |
19 |
28 |
19.83 | 4.69 | x |
3 |
Build package |
1 |
4 |
7 |
10 |
7 | 1 | x |
4 |
Secure patent |
2 |
21 |
30 |
39 |
30 | 9 | x |
5 |
Build product |
2 |
17 |
29 |
47 |
30 | 25 | x |
6 |
Paint |
3, 4, 5 |
4 |
7 |
12 |
7.33 | 1.78 | x |
7 |
Test market |
6 |
13 |
16 |
19 |
16 | 1 | x |
1. The probability of completing the National Holiday Toy project in 95 time units?
What is the probability of completing the National Holiday Toy project in 95 time units? Carry...
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...
Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 98-time units? Hint: Use the =NORM.S.DISTIZ, 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.) (b) Acet. ID 1 2 3 4 5 6 7 Description Design package Design product Build package Secure patent Build product Paint Test...
It was determined on the following project that the duration for the tasks contained some uncertainty. After more research, the optimistic and pessimistic values were determined. 1. a. Calculate the expected time and variance (using the 95 percent level of confidence) for each activity. b. Determine the critical path and time for completion c. Calculate the probably that the project will finish in 30 days. Calculate the probably of completing the project in 27 days. Other than the critical path,...
An educational researcher devised a wooden toy assembly project to test learning in 6-year-olds. The time in seconds to assemble the project was noted, and the toy was disassembled out of the child’s sight. Then the child was given the task to repeat. The researcher would conclude that learning occurred if the mean of the second assembly times was less than the mean of the first assembly times. Find the 99% confidence interval for the difference in means. Child 1...
4. For the following project, the expected times and variances for the project activities are given. a. Draw the AON diagram. b. What is the probability of completing the project in 30 time periods? (10 points) Activity ID Predecessor ariance [(b-a)/6) 4 1 2 Naluna 2, 5, 6, 7 Z Value Probability Z Value Probability +0.0 9893
Given the time-phased work packages and network, complete the baseline budget form for the project. Market Survey Project WBS Work Package Cost by Week WP Design - 52 WP Survey 2 2 4 4 - 5 WP Report 332 Project Network Design Survey Report Task Budget Time-Phased Budget Week 3 4 5 6 7 8 9 10 11 Design Survey Report 80 Total Cumulative
1. Consider the following table providing the needed tasks to completing a successful project. The first column provides the name of the task, the second column states the time to complete that task and the third column tells when a task can begin. Task Time to Condition to start task complete #1 #2 #3 #4 #5 #6 #7 #8 #9 #10 #11 #12 #13 #14 #15 #16 #17 #18 #19 7 days None 5 days 8 daysNone 4 days 3...
Question 1. Activities and activity durations of a Project is given below. (10 points) Find the probability of completing the Projcct in 50 weeks b. (10 points) Find the probability of completing the Project in 20 weeks. (10 points) Find the probability of completing the Project in 58 weeks. d. (10 points) Find the probability of completing the Project in 90 weeks. Most Pessimistic Time (weeks) 6 Most Optimistic Time (weeks) Most Probable Previous Activity 2 Activity Time (weeks) 4...
1- Consider the table shown below: Task Predecessor Time (weeks) Expected time Variance of time Optimistic Most likely Pessimistic A - 1 3 5 B A 2 6 10 C B 4 7 10 D B, C 1 2 9 E D 2 4 6 F D,E 4 7 10 G F 1 3 5 a) Calculate expected time and variance for each task. b) Find the critical path and expected project competition time? c) What is the probability of...
The following represents a project that should be scheduled using CPM: Intermediate Times(Days) Activity Predecessors a m b A ----- 1 2 6 B ----- 1 2 9 C A 2 2 11 D A 1 8 9 E B 1 2 3 F C,D 3 4 11 G D,E 1 3 11 H F,G 2 3 11 What is the critical path? What is the expected project completion time? (Round your answer to 3 decimal places.) Project completion time...