[Solved] After graduation, you and several of your friends decide to start a new software company
After graduation, you and several of your friends decide to start a new software company. As the vice president of operations, you are in charge of several production steps, including the process that records software onto a CD. You have identified several activities that must take place before this “burn-in” process is ready to use:
ACTIVITY
DURATION
(WEEKS)
PREDECESSORS
A Consult with engineering
3.5
None
B Determine equipment layout
2
None
C Install equipment
4.5
A, B
D Order materials
2
A
E Test equipment
2
C
F Train employees
3
D, E
G Perform pilot runs
2
F
H Get OSHA approval
4
E
a) Consider the project before crashing. Suppose that activities C and F may subject to random disruptions. For C, the best, most likely and worst estimates are 3,4,5 and 6 weeks respectively; for F, the best, most likely and worst estimates are 2,3 and 5 weeks respectively. What is the chance that the project can be completed in 14 weeks? If you want to promise a scheduled completion time with 95% confidence, how many weeks do you want to promise?
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