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  3. the following table represents a plan for a project predecessor...

Question: the following table represents a plan for a project predecessor...

Question details

The following table represents a plan for a project:

PREDECESSOR
JOB(S)
TIMES (DAYS)
JOB NO. a m b
1 1 5 9
2 1 2 4 12
3 1 3 6 9
4 1 1 2 9
5 2 1 6 8
6 3 2 5 11
7 4 2 7 12
8 5,6 3 5 10
9 8 2 5 8
10 7 1 4 7
11 9,10 1 3 14

  

b. Indicate the critical path.

1-2-5-8
1-2-5-8-9-11
1-4-7-10-11
1-3-6-8-9-11

c. What is the expected completion time for the project? (Round your answer to 2 decimal places.)

Expected completion time            days

d. You can accomplish any one of the following at an additional cost of $1,500 and if you will save $1,000 for each day that the earliest completion time is reduced, which action, if any, would you choose?

1. Reduce job 6 by two days.

Yes
No

2. Reduce job 8 by two days.

No
Yes

3. Reduce job 4 by two days.

Yes
No

e. What is the probability that the project will take more than 35 days to complete? (Round your answer to 2 decimal places.)

Probability           

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