Given the Following Network with Activities and Times Estimated in Days

question 2

Essay

Given the following network with activities and times estimated in days,
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$$\begin{array} { c c c c } \text { Activity } & \text { Optimistic } & \begin{array} { c } \text { Most } \\\text { Probable }\end{array} & \text { Pessimistic } \\\hline \text { A } & 2 & 5 & 6 \\\text { B } & 1 & 3 & 7 \\\text { C } & 6 & 7 & 10 \\\text { D } & 5 & 12 & 14 \\\text { E } & 3 & 4 & 5 \\\text { F } & 8 & 9 & 12 \\\text { G } & 4 & 6 & 8 \\\text { H } & 3 & 6 & 8 \\\text { I } & 5 & 7 & 12 \\\text { J } & 12 & 13 & 14 \\\text { K } & 1 & 3 & 4\end{array}$$
a.What are the critical path activities?
b.What is the expected time to complete the project?
c.What is the probability the project will take more than 28 days to complete?

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Definitions:

Discounted Prices

Reduced prices offered on goods or services, often as a promotion or to attract more customers.

Regular Basis

A consistent or recurring schedule or frequency at which a task or operation is carried out.

Aided Recall

A measure of advertising effectiveness where respondents are given some cues or hints to help them remember if they have seen an advertisement before.

Brand Awareness

The degree to which customers recognize and understand the characteristics or reputation of a specific brand's products or services.