The duration of a construction project lasts between 121 and 160 days. There is an equal chance for the duration to be equal for any number of days between 121 and 160 days. Currently the project is scheduled to be finished in 130 days or fewer. compute the probability that the project will be finished on time.

Q: It was estimated that constructing a fence for a project could be done by 11 workers in 15 days. At…

A: If 11 workers complete the job in 15 days, the job will take a total of 165 worker days to complete.…

Q: 6. The probability that an entering college student will graduate is 0.6. Determine that out of 4…

A:

Q: 4 13 3. 2. The Quality Management Office of National University has set up a promotion by…

A:

Q: The time it takes to build a highway varies directly with the length of the road, but inversely with…

A: Time taken by 120 workers to build 9 miles of highway:

Q: Using sanity check, in the topic Rate of work, if A and B are working together for 8 hrs to complete…

A: A and B work with same rate.

Q: A carpentry crew consists of one foreperson, four carpenters, and four laborers. The bare hourly…

A: ASKED: To compute the weighted average burdened wage rate for the crew.   Given, Class Bare…

Q: Amstat News (December 2004) lists median salaries for associate professors of statistics at research…

A: Since the hypothesis that the mean salary for associate professors in research institutions is $2000…

Q: What is the hourly rate of equipment based on the following data?

A: In order to calculate the hourly ownership and operating cost by taking care of the time value of…

Q: an Engineering Economy study based on your chosen field. E.g. choosing th buy. Deductions will be…

A: Engineering Economics Study on Paver for road laying  Engineering economics is the interdisciplinary…

Q: Which Interest rate is better to use the simple interest or compounded interest plan, can i have a…

A: Incase of fixed deposits or investing , compound interest is better .   if the take loans and…

Q: 8.4 Consider a Poisson regression model for the number of social/recreational trips generated during…

A: Given Data: The total number of members in the household = 5 The number of members in the household…

Q: Ten cavemen with a remaining average life expectancy of 10 years use a path from their cave to a…

A: Given data, Number of cavemen = 10 Number of Stones = 100 Time or life = 10 Years Annual benefit =…

Q: A website lists homes for sale in a suburban town. The site provides information including…

A:

Q: Examine the bar chart schedule with the activities and their durations as shown in the figure. The…

A: The Gannt chart for the given data is:

Q: The number of newspaper copies distributed is given by C= 50t-200E +10000,

A: correct ans:-option(b) 9800

Q: money should he plan to save

A: Compound interest: - It is defined as the interest on the interest or addition of interest on total…

Q: 1/ For the project data shown in the table below. Find the expected time to achieve 45% (Assume that…

A:

Q: How is maximum daily and maximum hourly demand per day calculated (peak demand)?

A: Domestic Water Demand: It is the amount of water required in order to satisfy domestic needs, like…

Q: The table below lists the number of audience impression (in hundreds of millions) listening to the…

A:

Q: B. Solve the following problem properly and legibly. The average yearly salary of a man with a…

A:

Q: Q3): Income from an operation has been decreasing uniformly for 5 years. If income in year 1 was…

A:

Q: 5.3 An employee is selected from a staff of 10 to super- vise a certain project by selecting a tag…

A:

Q: 1. Suppose an engineer is considering a purchase of equipment that is expected to be obsolete in…

A:

Q: •4. Find the probability distribution of the number tails when a coin is tossed 5 times.

A: In this question and biased coin is tossed 5 times and we are asked to find out the probability…

Q: Formulate a mathematical model to obtain the minimum time.

A: Given data: job time (hour) Job1 Job2 Job3   5      4       9    4    10       8   10    6       3

Q: Suppose a family is depositing money into a bank account continuously, and the account earns…

A:

Q: 6 pts) Accessibility is a combination of and 6 pts) A change in the transport system (network) at a…

A: 1] accessiblity is a combination of hardware and software 2] a change in the transport…

Q: PROBLEM 3: The square footage of several thousand apartments in a new development is advertised to…

A: Solution : The null and alternative hypothesis is , This will be a left tailed test because the…

Q: From the following table of information: a) Draw the precedence diagram; b) What is the probability…

A:

Q: What is the probability of completion of the project in 16.5 months? * Actv. Duration (month) a b…

A:

Q: What is the hourly rate of equipment based on the following data? Purchase price (P) = $460,000…

A: Given data, Purchase price P = $460,000 Salvage value F = $40,000 Annual maintenance cost A = 10% of…

Q: For Example 19.4 , determine the probability that it will take a person longer than 7 minutes to…

A: To find:-probability that it will take a person longer than 7 minutes to assemble computer parts

Q: Water is available at a rate of 2000 L/min  to a small apartment complex, consisting of  four units.…

A: Given: Q=2000 l/min note: 1 kg/s = 60 l/min unit 1  = 9 kg/s = 9 l/s = 9 x 60 = 540 l/min unit 2 = 7…

Q: If money is worth 5% compounded quarterly, find the equated time for paying a loan of P 150,000 due…

A:

Q: 2.126 During bad economic times, industrial workers are dismissed and are often replaced by…

A: Union Non-Union  Total Same Company 40 15 55 New Company(same field) 13 10 23 New field 4 11…

Q: A Car hire has two cars which it hires out day by day. The number of demands for a car in each day…

A:

Q: A building will be constructed at A as shown in the figure below. Calculate the estimated cost of…

A:

Q: An inexperienced statistical clerk submitted the following statistics to his manager on the average…

A: 15 workers produce 3 radios in 2 hours How many workers are employed in the assembly line working 40…

Q: 2- Find Profit for the project, which its cash flow is shown below 95 x 10° U 700,000 U 500,000 U i…

A:

Q: Direction: solve and analyze each of the following problem in neat and orderly manner. Do this in…

A:

Q: E By using this information, The variance for this project is... Act Dep P. 10 15 18 A. 20 30 34 C.…

A:

Q: According to a construction company plan, a project must be implemented in three consecutive stages…

A: Let, The probability of first stage completed on time (E1) = 0.5 The probability of second stage…

Q: At a construction project, the amount of material used in a day's construction is either 100 units…

A: Probability of using 100 units = P(100u) = 0.60  Probability of using 200 units = P( 200u)= 0.40…

Q: A financing company charges 1.5% every two months on a loan. Find the equivalent effective rate of…

A: Given that  Rate of interest = 1.5% /2 month 1.5%=1.5/100=3/200  We have to find equivalent…

Q: A tank is fitted with 10 pipes, some of them for filling and some for emptying. Each of the pipes…

A:

Q: According to my answers, there is no impact of the owner's resources constraints on the activities'…

A: If a owner has resources constraints like budget related and manpower related, the progress of work…

Q: A utility company in a large metropolitan area finds that 70% of its customers pay a given monthly…

A: Let  E1 = event that customer-1  pays the bill. E2 = event that customer-2 pays the bill.…

Budget Estimating

The term budget signifies a plan over the long run, generally, a year that covers the financial expenses and revenues of any organization. This budget plan is known to estimate the growth and success of any organization. Civil engineering companies utilize project budgets for estimating project costs, construction costs, and other direct and indirect costs related to the project being undertaken. Project budget is a detailed statistical tool primarily used by project managers to estimate the overall project cost. The project budget is in the form of a document that includes all the costs which are incurred during the project undertaking and after the completion of the project. Large commercial projects have the project budget estimate in the form of large detailed pieces of documents which include every cost estimate regarding man and materials. Labor costs, material procurement costs, construction costs, and operational costs are some of the costs that are incurred during the project execution and planning phase.