Assignment:
The marketing department at Bodnar Industries is developing a promotional campaign to introduce a new product. A listing of the various activities required, their immediate predecessors, and estimates of their times (in days) is given below.
a) Draw the precedence diagram for this network.
b) Identify the critical path and the expected project completion time.
c) Provide the slack time for each path relative to the critical path completion time.
d) What is the probability that the critical path will be completed in more than 64 days?
e) How many days should the marketing manager allow for completion of the critical path if he wants to be 99% sure that the critical path will be completed within this allowed time? Provide this answer to two decimal points (xx.xx)
For any calculations that you make that involve time, use the time (days) to two decimal places (xx.xx).
