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Question: Consider Example presented in this section in which the two programmers are to develop a commercial software package.
a. What is the minimum project time and the total direct cost of completing the project in that time?
b. Suppose that all the activity times are reduced to their minimum values. Explain why the total direct cost obtained in Example is different from the cost you obtained in part (a).
Example: We will solve Example using linear programming. The relevant data for developing the linear programming formulation are
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This question is asking you to compare the likelihood of your getting 4 or more subscribers in a sample of 50 when the probability of a subscription has risen from 0.02 to 0.06.] Talk about the comparison of probabilities in your explanation.
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