Decision analysis

due april 7th

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A

ssignment

4

D

ue April

7

Note:

· You should do additional exercises from the textbook to improve your understanding of the material.

· Show your work to get credit. See the course outline for a description of how assignments should be done.

1

. p. 440 #

9

2. p. 44

3

#1

5

(b)(c)

3. p. 443 #17

4. Suppose that the following estimates of activity times (in weeks)

were provided for the network in Problem

6

(p. 439).

5

4

5

6

7

5

7

3

4

6

10

5

Activity

Optimistic

Most Probable

Pessimistic

A 4 5 6

B

1 3

C

7

10

D

E

9

F

2

G

14

H

8

11

What is the probability that the project will

a. be completed within 24 weeks?

b. last longer than 26 weeks?

c. last longer than 23 weeks?

d. last longer than 22 weeks but shorter than 25 weeks?

PAGE

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