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Pages:
2 pages/≈550 words
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Level:
APA
Subject:
Business & Marketing
Type:
Math Problem
Language:
English (U.S.)
Document:
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Topic:

What is the Probability of Completing the National Holiday Toy (Math Problem Sample)

Instructions:

Solving the probability of completing the National Holiday Toy project in 93 time units and Computing the expected time for completing an activity, Computing the variance for each activity, Computing the expected project duration and the probability of completing the project within the given duration.

source..
Content:
s1. Given the project information below, what is the probability of completing the National Holiday Toy project in 93 time units?
Act. ID Description Predecessor Optm.(a) Most likely(m) Pess. (b) Act time te Variance [(b-a)/6]2 Critical

1 Design package None 6 12 24 13
2 Design product 1 16 19 28 20
3 Build package 1 4 7 10 7
4 Secure patent 2 21 30 39 30
5 Build product 2 17 29 47 30
6 Paint 3,4,5 4 7 10 7
7 Test market 6 13 16 19
2. The Global Tea and Organic Juice companies have merged. The following information has been collected for the "Consolidation Project”
Activity Description Predecessor a opt m ml b pess

1 Codify accounts none 16 19 28
2 File article of unification none 30 30 30
3 Unify price and credit policy none 60 72 90
4 Unify personnel policies none 18 27 30
5 Unify data processing 1 17 29 47
6 Train accounting staff 1 4 7 10
7 Pilot run data processing 5 12 15 18
8 Calculate P&L and balance sheet 6,7 6 12 24
9 Transfer real property 2 18 27 30
10 Tra...
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