A project consists of five activities.Naturally the paint mixing precedes the painting activities.Also,both ceiling painting and floor sanding must be done prior to floor buffing.
a.Construct the PERT/CPM network for this problem.
b.What is the expected completion time of this project?
c.What is the probability that the project can be completed within 9 hr.?
Definitions:
Education Level
A measurement of the highest degree of schooling or training a person has completed.
Capital-labor Ratio
A ratio that measures the amount of capital available per unit of labor in the production process.
Labor Productivity
The measure of economic performance that indicates the amount of goods and services produced by one hour of labor.
Per-worker Production Function
An economic model representing the relationship between the amount of a single input, usually labor, and the amount of output produced per worker.
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