Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis.
1.Based solely on the critical path, estimate the probability that the project will be completed within 10 weeks. (If required, round your answers to two decimal places.)
a) Identify the expected time and variance for:
Activity A; ____ ____
Activity B: ____ ____
Activity C: ____ ____
b) σ² = _______
c) z = . ________
d) Cumulative probability = . _______
2. Using all paths through project network, estimate the probability that the project will be complete within 10 weeks.
a) Expected time = _____
b) σ² = ______
c) z = ______
d) Cumulative probability = _____
e) P (entire project completed) = ______
Recently Asked Questions
- The midterm exam scores in a statistics class are shown in the following table: (a) Complete the following frequency distribution table using 6
- What are the various costs Under Armour faces? What are their trends over time, and how they have impacted Under Armour's profitability?
- Describe the nurse's role and responsibility as health educator. What strategies, besides the use of learning styles, can a nurse educator consider when