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The estimated times and immediate predecessors for the activities in a project at John Black’s company are given in the following table. Assume that the activity times are independent. All times are in weeks. Activity Predecessors Optimistic Time (a) Most Likely Time (m) Pessimistic Time (b) A -- 2 4 6 B -- 1 2 9 C A 2 4 6 D B 5 8 17 E C 3 4 11 a) What is the critical path? You may use any method to determine this. b) What is the expected completion time of the project? c) What is the probability of completing the project in 16 weeks or more?
A young entrepreneur is considering going into the vending machine business.
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Assume that it is Monday morning before the store opens, and a shipment of suits has just arrived. How many orders does the company place per year?
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