Exam 14: Project Planning and Scheduling
Exam 1: The Operations Function29 Questions
Exam 2: Operations and Supply Chain Strategy26 Questions
Exam 3: Product Design28 Questions
Exam 4: Process Selection37 Questions
Exam 5: Service Delivery System Design32 Questions
Exam 6: Process-Flow Analysis26 Questions
Exam 7: Lean Thinking and Lean Systems39 Questions
Exam 8: Managing Quality33 Questions
Exam 9: Quality Control and Improvement38 Questions
Exam 10: Supply Chain Management31 Questions
Exam 11: Forecasting33 Questions
Exam 12: Capacity Planning31 Questions
Exam 13: Scheduling Operations26 Questions
Exam 14: Project Planning and Scheduling26 Questions
Exam 15: Independent Demand Inventory39 Questions
Exam 16: Materials Requirements Planning and ERP34 Questions
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Given the list of activities,the expected time estimates,and variances,compute the probability that the project time will be less than 30 minutes.Round Z to two decimals.
Activity (minutes) Variance A 2.00 0.5 B 6.17 1.75 C 8.34 1.45 D 10.05 3.00

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Critical path method (CPM)network scheduling assumes a second order (non-linear)time-cost tradeoff exists.
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A forward pass is required while computing the early start and early finish times of activities.
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Which of the following statements about critical path method (CPM)is true?
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