Determine the probability that the project will finish

Reference no: EM131596815

Assignment

A plant engineering group needs to set up an assembly line to produce a new product. The following table describes the relationships between the activities that need to be completed for this product to be manufactured:

Activity	Days			Immediate Predecessors
Activity	a	m	b	Immediate Predecessors
A	3	6	8
B	5	8	10	A
C	5	6	8	A
D	1	2	4	B, C
E	7	11	17	D
F	7	9	12	D
G	6	8	9	D
H	3	4	7	F, G
I	3	5	7	E, F, H

Assume that each activity time is normally distributed with expected time and standard deviation computed as shown in equations 7-6 and 7-8, respectively, on page 283. Round off all activity times to two decimal places.

a) Use a Monte Carlo simulation to determine the probability that the project will finish in 37 days or less.

b) Use a Monte Carlo simulation to determine the probability that the project will take more than 32 days.

Reference no: EM131596815

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