Calculate the expected time and variance for each activity

Assignment Help Operation Management
Reference no: EM131357137

The estimated times and immediate predecessors for the activities in a project at George Kyparis's retinal scanning company are given in the following table. Assume that the activity times are independent.

Activity

Immediate Predecessors

Time (Weeks)

a

m

b

A

-

9

10

11

B

-

4

10

16

C

A

9

10

11

D

B

5

8

11

a) Calculate the expected time and variance for each activity.

b) What is the expected completion time of the critical path? What is the expected completion time of the other path in the network?

c) What is the variance of the critical path? What is the variance of the other path in the network?

d) If the time to complete path A-C is normally distributed, what is the probability that this path will be finished in 22 weeks or less?

e) If the time to complete path B-D is normally distributed, what is the probability that this path will be finished in 22 weeks or less?

f ) Explain why the probability that the critical path will be finished in 22 weeks or less is not necessarily the probability that the project will be finished in 22 weeks or less?

Reference no: EM131357137

Questions Cloud

Write a paper wrote on the judge samson from the bible : Write a paper wrote on the Judge Samson from the Bible.- While most anything we talk about in the semester, or readings in the text is a possible paper topic, it cannot be something too general.
Why do we develop alternative physical designs : Describe two situations in which you would use each of the following techniques: internal literature review, interview, internal presentation, observation, walkthrough, database and files review, and questionnaire.
Write a response about the given post : Global crimes transcend national borders and threaten American citizens and communities, businesses, and institutions, as well as global security and stability. The classification of global crimes can be categorized according to if the behavior is..
Compare and contrast those two triggers : The chapter differentiates two different "triggers" for the systems development process: a planned, periodic review and a user-requested systems development. Compare and contrast those two triggers.
Calculate the expected time and variance for each activity : Calculate the expected time and variance for each activity. What is the expected completion time of the critical path? What is the expected completion time of the other path in the network
Discuss the most important risk for juvenile delinquency : Discuss the most important risk and protective factor for juvenile delinquency. Support your answer. What intervention or prevention can we use to reduce the effects of your chosen risk factor?
Summarize the youth victimization : Summarize the "Youth Victimization: Prevalence and Implications" report. In your assignment, discuss the strengths and weaknesses of this study. Do you agree with the findings of this report? Why or why not?
Define the new customer-purchasing journey : Define the new customer-purchasing journey - Define strategies to identify and influence the new consumer and strategies to engage, nurture, and utilize brand advocates to spread your message
Identify the four steps of integrative negotiation process : In 2010, New York State passed a law that required its school districts to develop more stringent teacher-evaluation systems. Local school districts and their unions were assigned a task for specifying certain criteria of their new systems by Janu..

Reviews

Write a Review

Operation Management Questions & Answers

  Find the cost and schedule variances and the three indexes

A project to develop a county park has an actual cost in month 17 of $350,000, a planned cost of $475,000, and a value completed of $300,000. Find the cost and schedule variances and the three indexes.

  What strategy pricing strategy did the company employ

A company introduced a smart-phone to the market at a time when its capability was essentially unmatched. As a result of the company’s significant investment and the inability of the other companies to enter the market with a competitive alternative,..

  Discussion on agency relationships

As a top executive, the only agency relationship I am concerned about is the one between myself and the firm's owners. I think that it would be a waste of my time and energy to worry about any other agency relationships."

  Study of leaders and the leadership process

Why should we focus on followers in our study of leaders and the leadership process? How and where might followers fit into our model of leader effectiveness?

  What is an estimate of the proportion of prospective

How many prospective customers would have to be queried for Luxor to be 90 percent certain that its estimated proportion was within five percent of the true value?

  What is the totalcost

How many units should be shipped from each manufacturing facility to each of the retail stores if cost is to be minimized? What is the totalcost?

  Remedy the lack of primary care physicians

What should the USA do to remedy the lack of primary care physicians in the United States?

  Estimate the value of mean absolute deviation

What is the value of the mean absolute deviation (MAD) for the forecasting technique whose forecasts for four past periods and the subsequent actual values are given below?

  Which of the grand strategies is typically lowest in risk

The acquisition of one or more businesses operating at the same stage of the production-marketing chain is an example of. Which of the following is a generic strategy developed by Michael Porter. Which of the grand strategies is typically lowest..

  Integration of technology

Over the years, technology has not only changed the way individuals utilize it but also how organizations utilize it. As each generation of technology improves and changes, the availability of technology in the field of business analytics also cha..

  Aviation has three elements connected in series

A piece of electronic equipment used for aviation has three elements connected in series, or sequence. The reliability of each of the three elements is as follows: Draw how these three elements are connected. What is the reliability of this system? I..

  Outsource the transportation function

The growth in the use of 3PLs has been steadily increasing over the past decade. As stated in the text, there are often good reasons to outsource all or part of the transportation function, but there are also downside risks. As the VP for Logistics i..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd