Page 247, Chapter 7
Page 247, Chapter 7
Hi,
Please find attach related to the book which contains the exercise that I need a solution for it, the details as following:
Exercise 3 (Chapter7), page 247
3. The expected times and variances for the project activities are given below.
What is the probability of completing the project in 25 periods?
ID
Description
Predecessor
te
Variance
[(b-a) /6] 2
1
Pilot production
None
6
3
2
Select channels of distrib.
None
7
4
3
Develop mktg. program
None
4
2
4
Test market
1
4
2
5
Patent
1
10
5
6
Full production
4
16
10
7
Ad promotion
3
3
2
8
Release
2,5,6,7
2
1
Note: Please review the exercise from page 247
Please check that the solution is free from any plagiarism issues. I need a simple and clear solution and ideas.
I need solutions in a style that is suitable for discussion and give opinions.
No problem with the length (as solution required).
Thanks,