Consider the Following PERT/CPM Network with Estimated Times in Weeks

question 43

Essay

Consider the following PERT/CPM network with estimated times in weeks.The project is scheduled to begin on May 1. The three-time estimate approach was used to calculate the expected times and the following table gives the variance for each activity: ​
a.Give the expected project completion date and the critical path.
b.By what date are you 99% sure the project will be completed?

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Definitions:

Facilities and Handling

Refers to the physical infrastructure and processes used for storing, managing, and transporting goods within a supply chain.

Retail Storage

The space and facilities used to hold goods in a retail environment before they are sold to consumers, impacting the availability and accessibility of products.

Supply Chain Performance

The measurement and assessment of the efficiency, effectiveness, and adaptability of supply chain activities and processes.

Transportation Cost

The expense incurred in moving goods or materials from one location to another.