Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

PM Computers is an international manufacturer of computer equipment and software. It is going to introduce a number of new products in the coming year, and it wants to develop marketing programs to accompany the product introductions. The marketing program includes the preparation of printed materials distributed directly by the company and used by the company's marketing personnel, vendors, and representatives; print advertising in regular magazines, trade journals, and newspapers; and television commercials. The program also includes extensive training programs for marketing personnel, vendors, and representatives about the new products. A project management team with members from the marketing department and manufacturing areas has developed the following list of activities for the development fo the marketing program:

Activity

Activity Description

Activity
Predecessor

Time Estimates (days)

a

a

Preliminary budget and plan approval

-

10

15

20

b

Select marketing personnel for training

-

5

9

12

c

Develop overall media plan

a

15

25

30

d

Prepare separate media plans

c

12

20

25

e

Develop training plan

c

5

8

12

f

Design training course

e

6

14

20

g

Train marketing personnel

b, f

16

20

25

h

Plan TV commercials with agency

d

15

25

35

i

Draft in-house print materials

d

8

15

20

j

Develop print advertising layouts with agency

d

16

23

30

k

Review print advertising layouts

j

4

9

12

1

Review TV commercials

h

3

7

12

m

Review and print in-house materials

i

3

5

7

n

Release advertising to print media

g, i, k

2

4

8

o

Release TV commercials to networks

1

4

7

10

P

Final marketing personnel review

g, i, k

4

5

9

q

Run media advertising, mailings

m, n, o

15

20

30

Construct the network for this project and determine the activity schedule. Identify critical path and determine the expected project duration time and variance. What is the probability that the program can be completed within 4 months?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91618626
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

The distance between the y value in the data and the

The distance between the Y value in the data and the predicted Y value from the regression equation is known as the residual. What is the value for the sum of the squared residuals?

Find each of the following probabilities for a normal

Find each of the following probabilities for a normal distribution. (Use/round to 4 decimal places.) p ( z  > 0.80) p  = p ( z   Please work out the steps  so I can understand the formula

Find the mean and the standard deviation of a binomial

Find the mean and the standard deviation of a Binomial Distribution with n = 65 and p = 0.32 Mean = 24; Stand. Deviation= 4.1 Mean = 20.8; Stand. Deviation= 3.76 Mean = 28; Stand. Deviation= 3.66 Mean = 21.8; Stand. Devi ...

Income can have significant effects on peoples spending

Income can have significant effects on people's spending patterns. Research studies have revealed that consumer expenditure is influenced by various factors such as their income, gender, age and level of education. In or ...

In an effort to check the quality of their cellnbspphones a

In an effort to check the quality of their cell? phones, a manufacturing manager decides to take a random sample of 10 cell phones from? yesterday's production? run, which produced cell phones with serial numbers ranging ...

The jo supplies company buys calculators from a korean

The J.O. Supplies Company buys calculators from a Korean supplier. The probability of a defective calculator is 20%. If 15 calculators are selected at random, what is the probability that less than 5 of the calculators w ...

I a survey of 400 adults that say traffic is a problem

In a survey of 400 adults that say traffic is a problem: East reported 36% is a problem, South 33% problem, Midwest 26% problem and West 55% problem. (a) The 95% confidence interval for the proportion from the West say t ...

In a survey ofnbsp3153nbspadultsnbsp1407nbspsay they have

In a survey of 3153 adults, 1407 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results. A? 99% confidence interval for the p ...

Question 1 a sample of 81 account balances of a credit

Question 1: A sample of 81 account balances of a credit company showed an average balance of $1,200 with a standard deviation of $126. 1. Formulate the hypotheses that can be used to determine whether the mean of all acc ...

A certain diagnostic test is indicative of problems only if

A certain diagnostic test is indicative of problems only if a child scores in the lowest 10% of those taking the test (the 10th percentile). If the mean score is 150 with a standard deviation of 30, what would be the dia ...

  • 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