4. If the contract for a project is 120 days, what is the chance (in percent) of meeting the schedule? Assume the owner delays the job start by 5 days. What is the probability (in percent) that the project will still finish at the originally scheduled completion date?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
222
CHAPTER FIFTEEN
4. If the contract for a project is 120 days, what is the chance (in percent) of meeting the schedule? Assume the owner delays
the job start by 5 days. What is the probability (in percent) that the project will still finish at the originally scheduled
completion date?
Activity B
Activity D
Activity F
18/30/72
24/36/90
6/15/54
Activity A
Activity G
0/0/0
0/0/0
Activity C
Activity E
45/61/131
12/18/48
5. What are the probabilities (in percent) of completing the project in 55 days, 60 days, and 65 days?
Activity B
Activity D
Activity F
14/20/40
17/25/55
8/12/20
Activity A
Activity H
0/0/0
0/0/0
Activity C
Activity E
Activity G
10/15/20
10/14/20
25/30/50
Transcribed Image Text:222 CHAPTER FIFTEEN 4. If the contract for a project is 120 days, what is the chance (in percent) of meeting the schedule? Assume the owner delays the job start by 5 days. What is the probability (in percent) that the project will still finish at the originally scheduled completion date? Activity B Activity D Activity F 18/30/72 24/36/90 6/15/54 Activity A Activity G 0/0/0 0/0/0 Activity C Activity E 45/61/131 12/18/48 5. What are the probabilities (in percent) of completing the project in 55 days, 60 days, and 65 days? Activity B Activity D Activity F 14/20/40 17/25/55 8/12/20 Activity A Activity H 0/0/0 0/0/0 Activity C Activity E Activity G 10/15/20 10/14/20 25/30/50
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.