Algorithmic Assignment | Homework For You
January 30th, 2020
Problem 12-09 (Algorithmic)
A project has four activities (A, B, C, and D) that must be performed sequentially. The probability distributions for the time required to complete each of the activities are as follows:
| Activity | Activity Time (weeks) |
Probability | ||
| A | 3 | 0.29 | ||
| 4 | 0.38 | |||
| 5 | 0.29 | |||
| 6 | 0.04 | |||
| B | 7 | 0.22 | ||
| 9 | 0.53 | |||
| 11 | 0.25 | |||
| C | 9 | 0.05 | ||
| 11 | 0.24 | |||
| 13 | 0.36 | |||
| 15 | 0.19 | |||
| 17 | 0.16 | |||
| D | 10 | 0.59 | ||
| 12 | 0.41 | |||
- Provide the base-case, worst-case, and best-case calculations for the time to complete the project.
Activity Base case Worst case Best case A _____weeks _____weeks _____weeks B weeks weeks weeks C weeks weeks weeks D weeks weeks weeks Total weeks weeks weeks - Use the random numbers 0.7584, 0.7279, 0.4741 and 0.9526 to simulate the completion time of the project in weeks.
Activity Random Number Completion Time A 0.7584 ____weeks B 0.7279 weeks C 0.4741 weeks D 0.9526 weeks Total weeks Get Finance homework help today
