The Global Tea and Organic Juice companies have merged_Assignment_Risk mgt.docx

The Global Tea and Organic Juice companies have merged_Assignment_Risk mgt.docx

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1. The Global Tea and Organic Juice companies have merged. The following information has been collected for the “Consolidation Project.” 1. Compute the expected time for each activity. 2. Compute the variance for each activity. Activity Opt. (a) Ml. (m) Pess. (b) t e Variance Critical? 1 16 19 28 20 4 x 2 30 30 30 30 0 3 60 72 90 73 25 4 18 27 30 26 4 5 17 29 47 30 25 x 6 4 7 10 7 1 7 12 15 18 15 1 x 8 6 12 24 13 9 x 9 18 27 30 26 4 10 20 35 50 35 25 11 40 55 100 60 100 12 11 20 29 20 9 x 13 14 23 26 22 4 14 13 16 19 16 1 x 15 0 0 0 0 0 2. Compute the expected project duration. 114 days 4. What is the probability of completing the project by day 112? Within 116 days?
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern