Explain slack and project duration

Assignment Help Marketing Management

Reference no: EM1336529

Explain Slack and Project Duration

The following project is to be scheduled using the expected times found using the approximation to the beta distribution. All duration estimates are in weeks:

Activity a m B Predecessors
A 2 5 8 -
B 4 10 22 A
C 1 4 16 B
D 4 6 8 A
E 4 6 11 A
F 1 2 6 E
G 3 4 17 D,E
H 1 2 3 C,F,G

A- Find the early start and late start schedule for each activity as well as its total and free slack.

B- What is the critical path duration? What is the variance for the critical path? What is the probability that the project will be completed in 24 weeks?

C- Using evidence from this specific project, explain if the estimate found in (B) is optimistic, and why, or why not?

Reference no: EM1336529

Questions Cloud

Show the layoff situation in economics problems : Explain What factors should be considered and What information would be useful and how can the information be obtained

What resource conflicts do you see : What resource conflicts do you see and What choices do you have for resolving them

Question about retaining employees : How can an organization with limited funds remain competitive in recruiting and retaining employees?

Human resources management - safety and health : How can you apply MAINLY Safety and Health to this plan for SMC

Explain slack and project duration : Explain Slack and Project Duration and Find the early start and late start schedule for each activity as well as its total and free slack.

What were the moral implications of that decision : Based on a decision made in a workplace, what were the moral implications of that decision and Based on a decision made in a workplace, what were the legal implications of that decision? If a decision is legal, is it ethical

Linear programming- resource checking : For the production combination of 800 bags of Lime and 600 bags of Vinegar, which resource is not completely used up and how much is remaining

Explain wal-mart- explain the marketing mix using the four p : Explain Wal-Mart- Describe the marketing mix using the four 'P's and explain how each of these elements impacts Wal-Mart's marketing strategy and tactics.

Provide good customer service : Why do restaurants have a problem with the waittress staff

User Account

All Pages