Calculate expected duration and variance of each activity

Assignment Help Managerial Accounting
Reference no: EM133057349

Question - A network consists of the following list. Times are given in weeks.

Activity

Preceding

Optimistic

Probable

Pessimistic

A

--

5

11

14

B

-

3

3

9

C

--

6

10

14

D

A, B

3

5

7

E

B

4

6

11

F

C

6

8

13

G

D, E

2

4

6

H

F

3

3

9

Required -

a. Draw the network diagram.

b. Calculate the expected duration and variance of each activity.

c. Calculate the expected duration and variance of the critical path.

d. Calculate the probability that the project will be completed in less than 28 weeks.

Reference no: EM133057349

Questions Cloud

Estimate the compound annual dividend growth rate : The chairman of Heller Industries told a meeting of financial analysts that he expects the firm's earnings and dividends to double over the next 6 years.
What is the cost price : Question - An item selling for $80 has been marked up by 60% on cost. What is the cost price
Current value of a share of simtek stock : What is the current value of a share of Simtek stock to an investor who requires a 13 percent return on his or her investment?
Define causal-loop logic in relation to corporate objectives : Define a causal-loop logic in relation to corporate objectives. Why is it important to distinguish between casual-loop and sequential logic in defining project
Calculate expected duration and variance of each activity : Question - A network consists of the following list. Times are given in weeks. Calculate expected duration and variance of each activity
What must one-year interest rate be in japan : 1. Suppose that the one-year interest rate is 3 percent in France, the spot exchange rate is €0.0109/Y, and the one-year forward exchange rate is €0.0111/Y What
Systems thinking-projects and corporate strategy : The purpose of this assignment is to examine the relationship between systems thinking, projects, and corporate strategy.
Advice on which portfolio management styles to adopt : A first-time investor is seeking your advice on which portfolio management styles to adopt.
Which are derived from the organization : Which power bases lie within the individual? Which are derived from the organization?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd