Determine that the project completion time

Assignment Help Operation Management
Reference no: EM13760879

Using PERT, Adam Munson was able to determine that the project completion time for his home is 32 months with a project variance of 25 months. A) What is the probability that the project will be completed in 40 months? B) What is the probability that the project will take less than 36 months? C) What is the probability that the project will be completed between 34 and 40 months?

Reference no: EM13760879

Questions Cloud

Boss owns several businesses : Boss owns several businesses, including several coffee shops and bakeries in the Chicago area. He would like to start offering candy in his shops, especially for special occasions. Your boss is looking for the following information (no Wikis).
Accounting field and accounting job postings : Use the Internet or the Strayer Online database to research career options within the accounting field and accounting job postings in your local area to respond to the questions in the assignment.
Create an educational degree information : Create an educational degree information website (Example: http://www.indwes.edu/Adult-Graduate/AS-Computer-Information-Technology/ ) in Expression Web that contains the following:
Analyze nibcos project staffing strategy : Analyze NIBCO's project staffing strategy? Evaluate NIBCO's Big Bang strategy? How did they execute it? What are the potential problems with such an approach
Determine that the project completion time : Using PERT, Adam Munson was able to determine that the project completion time for his home is 32 months with a project variance of 25 months. A) What is the probability that the project will be completed in 40 months? B) What is the probability that..
Cars may be violating clean air emissions standard : An environmental agency worries that many cars may be violating clean air emissions standards. The agency hopes to check a sample of vehicles in order to estimate that percentage with a margin of error of 6% and 90% confidence. To gauge the size of t..
What is the difference between leadership and management : What is the difference between leadership and management? How do these differences impact you in relation to those you report to and those that report to you?
Why should organizations identify and use best practices : Why should organizations identify and use best practices? What are some of the things that alpha project managers do differently from other project managers? Describe the project management maturity model and why it benefits organizations.
Complete the lp model-graph and solutions : David plans to start a new business called Rafting Explorers, which will rent canoes and kayaks to people to travel 10 miles down the Patapsco River in Maryland State Park. He has $45,000 to purchase new boats. He can buy the canoes for $600 each and..

Reviews

Write a Review

Operation Management Questions & Answers

  Dispute arises the ownership of the warehouse with anothony

Frank, a resident of Florida, owns a warehouse in Pennsylvania. A dispute arises over the ownership of the warehouse with Anothony, a resident of Virgina. Anthony files a suit against Frank in Pennsylvania Regarding this suit, Pennsylvnia has:

  Define the decision variables and write the linear program

Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution.

  Why do some organizations seem to have a new ceo

Why do some organizations seem to have a new CEO every year or two, whereas others have top leaders who stay with the company for many years? What factors about the manager or about the company might account for this difference?

  What are the trade-offs among increased wages for unions

What are the trade-offs among increased wages for unions, productivity effects and profitability effects on organizations?

  Explain a practical strategic direction for a company

The objective is to complete a written plan that will suggest a practical Strategic Direction for a company.

  Provide a detailed summary of the purpose of vision

Provide a detailed summary of the purpose of vision and mission statements in organizations. How do they work, and what is the outcome of successfully crafting visions and missions?

  Why has internet recruiting become so important

Why has Internet recruiting become so important? How do employees conduct Internet recruiting? What are the disadvantages of internet recruiting.

  Explain in detail how two other factors specific

explain in detail how two other factors specific to this company might make it difficult to evaluate the financial impact of this strategy.

  Write down a 3-5 page apa formatted paper by using a

change is everywhere but yet very few people seem to embrace the concept. we are for the most part creatures of habit

  What is meant by the term criterion

What is meant by the term criterion as it is used in personnel selection? Give some examples of criteria used jobs with which you are familiar.

  Problem queuingnbsp pharma dev develops and markets new

problem queuingnbsp pharma dev develops and markets new technological products to be used in health care. the

  Calculate schedule variance and schedule performance index

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed.

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