Consider the Following PERT Network,along with the Completion Times for Each

question 14

Essay

Consider the following PERT network,along with the completion times for each activity,in days.Use Crystal Ball to enumerate the completion times of all paths in the network.Typically,the longest path in the network dictates the project completion time.Use 1000 replications.

$\begin{array}{|c|c|c|c}\text { Activity } & \text { Optimistic } & \frac{\text { Most }}{\text { Likely }} & \text { Pessimistic } \\\hline 1-2 & 3 & 5 & 7 \\\hline 2-4 & 15 & 20 & 30 \\\hline 4-6 & 16 & 18 & 21 \\\hline 1-3 & 4 & 5 & 6 \\\hline 3-5 & 10 & 15 & 19 \\\hline 5-6 & 16 & 20 & 25 \\\hline\end{array}$
a.What is the average project completion time?
b.What is the probability that the project completion time will exceed 50 days?

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Definitions:

Particular

In logic, refers to propositions or statements that affirm or deny something about only some members of a class, as opposed to universality which concerns all members.

Negative

Expressing denial, disagreement, or the absence of certain characteristics or conditions.

Business Majors

College or university students specializing in fields of study related to business, such as finance, marketing, or management.

Football Players

Athletes specialized in playing football, a popular team sport involving advancing a ball to score points against an opposing team.