1.) Draw the network using the table above. Make sure all 4 values (ES, EF, LS, LF) are listed on the network.   2.) What is the slack for each activity? What is the critical path? Show ALL of your work!   3.) Find the expected project completion time. What is the project variance?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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PERT/CPM HOMEWORK (MOD 10)

In the table below, you will see activities and times associated with each activity. Review the PowerPoint slides in Module 10 , before you start this assignment. 

Task

Preceding Tasks

to (optimistic)

tm (most likely)

tp (pessimistic)

A

NONE

2

3

10

B

NONE

2

3

4

C

A

1

2

3

D

A

4

6

14

E

B

4

5

12

F

C

3

4

5

G

D,E

1

1

7

 

1.) Draw the network using the table above. Make sure all 4 values (ES, EF, LS, LF) are listed on the network.

 

2.) What is the slack for each activity? What is the critical path? Show ALL of your work!

 

3.) Find the expected project completion time. What is the project variance?

 


4.) What is the probability that it would be in more than 14 days? Show ALL of your work.

*The circle diagram picture is just an example of how it should look it is not apart of the problem in the chart

0
0
Start
0
0
0
0
0
A
2
3
N
N
4
2
2
3
4
с
2
4
4
4
7
00
4
4
4
00
00
4
10
00
8
8
F
G
LO
7
13
13
13
13
13
H
N
15
15
Transcribed Image Text:0 0 Start 0 0 0 0 0 A 2 3 N N 4 2 2 3 4 с 2 4 4 4 7 00 4 4 4 00 00 4 10 00 8 8 F G LO 7 13 13 13 13 13 H N 15 15
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Follow-up Question

I'm still confused on the ES,EF,  LS, LF part can you explain it a bit more, how do I calculate for slack?. The excel sheet is a bit confusing to understand for that specific part

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Follow-up Question

 

4.What is the probability that it would be in more than 14 days? Show ALL of your work.

 

Solution
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