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book Introduction to Management Science 12th Edition by Bernard Taylor cover

Introduction to Management Science 12th Edition by Bernard Taylor

Edition 12ISBN: 978-0133778847
book Introduction to Management Science 12th Edition by Bernard Taylor cover

Introduction to Management Science 12th Edition by Bernard Taylor

Edition 12ISBN: 978-0133778847
Exercise 29
In Chapter, Figure shows a simplified project network for building a house, as follows:
In Chapter, Figure shows a simplified project network for building a house, as follows:     There are four paths through this network: Path A: 1-2-3-4-6-7 Path B: 1-2-3-4-5-6-7 Path C: 1-2-4-6-7 Path D: 1-2-4-5-6-7 The time parameters (in weeks) defining a triangular probability distribution for each activity are provided as follows:    a. Using Crystal Ball, simulate each path in the network and identify the longest path (i.e., the critical path). b. Observing the simulation run frequency chart for path A, determine the probability that this path will exceed the critical path time. What does this tell you about the simulation results for a project network versus an analytical result Figure Expanded network for building a house, showing concurrent activities
There are four paths through this network:
Path A: 1-2-3-4-6-7
Path B: 1-2-3-4-5-6-7
Path C: 1-2-4-6-7
Path D: 1-2-4-5-6-7
The time parameters (in weeks) defining a triangular probability distribution for each activity are provided as follows:
In Chapter, Figure shows a simplified project network for building a house, as follows:     There are four paths through this network: Path A: 1-2-3-4-6-7 Path B: 1-2-3-4-5-6-7 Path C: 1-2-4-6-7 Path D: 1-2-4-5-6-7 The time parameters (in weeks) defining a triangular probability distribution for each activity are provided as follows:    a. Using Crystal Ball, simulate each path in the network and identify the longest path (i.e., the critical path). b. Observing the simulation run frequency chart for path A, determine the probability that this path will exceed the critical path time. What does this tell you about the simulation results for a project network versus an analytical result Figure Expanded network for building a house, showing concurrent activities    a. Using Crystal Ball, simulate each path in the network and identify the longest path (i.e., the critical path).
b. Observing the simulation run frequency chart for path A, determine the probability that this path will exceed the critical path time. What does this tell you about the simulation results for a project network versus an analytical result
Figure Expanded network for building a house, showing concurrent activities
In Chapter, Figure shows a simplified project network for building a house, as follows:     There are four paths through this network: Path A: 1-2-3-4-6-7 Path B: 1-2-3-4-5-6-7 Path C: 1-2-4-6-7 Path D: 1-2-4-5-6-7 The time parameters (in weeks) defining a triangular probability distribution for each activity are provided as follows:    a. Using Crystal Ball, simulate each path in the network and identify the longest path (i.e., the critical path). b. Observing the simulation run frequency chart for path A, determine the probability that this path will exceed the critical path time. What does this tell you about the simulation results for a project network versus an analytical result Figure Expanded network for building a house, showing concurrent activities
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Introduction to Management Science 12th Edition by Bernard Taylor
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