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A CPM/PERT project networkhas probabilistic activity times (x) as shown on each

ID: 2917495 • Letter: A

Question

A CPM/PERT project networkhas probabilistic activity times (x) as shown on each branch of thenetwork. For example, activity 1-3 has a .40 probability thatit will be completed in 6 weeks and a .6 probability it will becompleted in 10 weeks. Simulate the project network 10 timesadn deteremine the critical path each time. Compute theaverage critical path time adn the frequency that each path iscritcal. How does this simulation analysis of the criticalpath method compare with regular CPM/PERT. A CPM/PERT project networkhas probabilistic activity times (x) as shown on each branch of thenetwork. For example, activity 1-3 has a .40 probability thatit will be completed in 6 weeks and a .6 probability it will becompleted in 10 weeks. Simulate the project network 10 timesadn deteremine the critical path each time. Compute theaverage critical path time adn the frequency that each path iscritcal. How does this simulation analysis of the criticalpath method compare with regular CPM/PERT.

Explanation / Answer

A CPM/PERT project networkhas probabilistic activity times (x) as shown on each

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