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You Have Just Used the Network Planning Model for a County

question 3

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You have just used the network planning model for a county road resurfacing project and found the critical path length is 40 days and the standard deviation of the critical path is 10 days.Suppose you want to pick a time (in days) within which you will complete the project with 90% confidence level, what should be that time (in days and round to the nearest whole number.)


Definitions:

Monetary Products

Financial products and services that involve the management, investment, transfer, or lending of money.

Round Off

The process of adjusting a numerical value to its nearest and most simplified form, often by eliminating decimal points or insignificant digits.

Decimal Point

A dot or small symbol used to separate the integer part from the fractional part of a number written in decimal form.

Multiplication

A fundamental mathematical operation that represents the repeated addition of a number by itself a specified number of times.

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