Management Decision Systems (MDS) is a consulting company thatspecializes in the development of decision support systems. MDS hasa four-person team working on a current project with a smallcompany to set up a system that scrapes data from a collection ofwebsites and then automatically generates a report for managementon a daily basis.
(a)
Construct the project network. (Submit a file with a maximumsize of 1 MB.)
This answer has not been graded yet.
(b)
Based solely on the critical path, estimate the probability thatthe project will be complete within 11 weeks. (You mayneed to use the appropriate technology to answer thisquestion. Round your answer to four decimal places.)
(c)
Using all paths through the project network, estimate theprobability that the project will be completewithin 11 weeks. (You may need to use theappropriate technology to answer this question. Roundyour answer to four decimal places.)
(d)
Should you use the estimate in (b) or (c)?
The probability estimate from (b) based on the critical path ismore accurate.The probability estimate from (c) based on both pathsis more accurate. The probability estimatesfrom (b) and (c) are equal.
Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support system
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am