Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Applied Statistics Expert

Levy Furniture, a furniture manufacturer is planning a factory expansion project. The activities required, their immediate predecessors, and the optimistic, most likely, and pessimistic estimates of their times (in days) are provided below. The project network is also provided.

Activity

Description

Immediate Predecessors

Optimistic Time (days)

Most Likely Time (days)

Pessimistic Time (days)

A

Develop initial plans

--

2

2.5

6

B

Secure financing

A

1

2

3

C

Develop final plans

A

2

3

10

D

Hire contractor

C

1

3

5

E

Secure permits

C

1

4

7

F

Construct addition

B,D,E

3

11

13

G

Order equipment

A

6

11

22

H

Install equipment

F,G

1

3

5

a) Construct the project network.

b) Identify the critical path and provide the project completion time.

c) Calculate the slack time for each activity and for each path (relative to the critical path).

d) Looking at only the critical path, find the probability that the store will take more than 23 working days to open.

e) What is the probability of completing path AGH in time for the store to open within 23 working days?

Applied Statistics, Statistics

  • Category:- Applied Statistics
  • Reference No.:- M91060200

Have any Question?


Related Questions in Applied Statistics

Question 1 for the prostate data set fit a model with lpsa

Question 1. For the prostate data set, fit a model with lpsa as the response, and the other variables as predictors. (a) Suppose a new patient with the following values arrives: lcavol = 1.45000, lweight = 3.59801, age = ...

Assessment task -you become interested in the non-skeletal

Assessment Task - You become interested in the non-skeletal effects of vitamin D and review the literature. On the basis of your reading you find that there is some evidence to suggest that vitamin D deficiency is linked ...

Question onea a factory manager claims that workers at

QUESTION ONE (a) A factory manager claims that workers at plant A are faster than those at plant B. To test the claim, a random sample of times (in minutes) taken to complete a given task was taken from each of the plant ...

Business analytics and statistics research reportthis

Business Analytics and Statistics Research Report This assignment is based on fictional data. You are creating a business report for the CEO of a retail company called, Athlete Panda. It must be professional in presentat ...

Business statistics assignment -the purpose of this

Business Statistics Assignment - The purpose of this assignment is to improve your understanding in choosing between and using methods to assess the relationship between variables and make comparisons across different se ...

Part a -question 1 - true or false in data collection the

Part A - Question 1 - True or False: In data collection, the most common technique to ensure proper representation of the population is to use a random sample. True False Question 2 - Most analysts focus on the cost of H ...

As the him member of your research team you are preparing

As the HIM member of your research team, you are preparing for a clinical trial study involving human subjects. The research would track two possible mutually exclusive outcomes, such as survive/did not survive, yes/no, ...

Construct a regression model for predicting total charges

Construct a regression model for predicting total charges from length of stay for DRG 105. a. State the null and alternative hypotheses and alpha level. b. Prepare a scatter diagram with the regression line for the two v ...

Assignment - research topicpurpose the purpose of this task

Assignment - Research topic Purpose: The purpose of this task is to ensure you are progressing satisfactorily with your research project, and that you have clean, useable data to analyse for your final project report. Ta ...

Exercise -q1 do the example data in table 35-2 meet the

Exercise - Q1. Do the example data in Table 35-2 meet the assumptions for the Pearson χ 2 test? Provide a rationale for your answer. Q2. Compute the χ 2 test. What is the χ 2 value? Q3. Is the χ 2 significant at α = 0.05 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As