
An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
Edition 13ISBN: 978-1439043271
An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
Edition 13ISBN: 978-1439043271 Exercise 7
Davison Construction Company is building a luxury lakefront home in the finger region of New York. Coordination of the architect and subcontractors will require a major effort to meet the 44-weck (approximately 10-month) completion date requested by the owner The Davison project manager prepared the following project network:
Estimates of the optimistic, most probable, and pessimistic times (in weeks) for the activities are as follows:
a. Find the critical path.
b. What is the expected project completion time?
c. What is the probability the project can be completed in the 44 weeks as requested by the owner?
d. What is die probability the building project could run more than 3 months late? Use 57 weeks for this calculation.
e. What should the construction company tell the owner?

Estimates of the optimistic, most probable, and pessimistic times (in weeks) for the activities are as follows:

a. Find the critical path.
b. What is the expected project completion time?
c. What is the probability the project can be completed in the 44 weeks as requested by the owner?
d. What is die probability the building project could run more than 3 months late? Use 57 weeks for this calculation.
e. What should the construction company tell the owner?
Explanation
a)For identifying the critical path, pro...
An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255