Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company...


Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small<br>company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis.<br>Time (Weeks)<br>Immediate<br>Predecessor<br>Activity<br>Description<br>Optimistic<br>Most Probable<br>Pessimistic<br>Report generation<br>9<br>2<br>13<br>B<br>Web scraping<br>10<br>12<br>Testing<br>A, B<br>1<br>1<br>1<br>(a) Construct the project network. (Submit a file with a maximum size of 1 MB.)<br>Choose File No file chosen<br>This answer has not been graded yet.<br>(b) Based solely on the critical path, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology to answer this question. Round your<br>answer to four decimal places.)<br>(c) Using all paths through the project network, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology to answer this question.<br>Round your answer to four decimal places.)<br>(d) Should you use the estimate in (b) or (c)?<br>O The probability estimate from (b) based on the critical path is more accurate.<br>O The probability estimate from (c) based on both paths is more accurate.<br>O The probability estimates from (b) and (c) are equal.<br>

Extracted text: Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis. Time (Weeks) Immediate Predecessor Activity Description Optimistic Most Probable Pessimistic Report generation 9 2 13 B Web scraping 10 12 Testing A, B 1 1 1 (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This answer has not been graded yet. (b) Based solely on the critical path, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (c) Using all paths through the project network, estimate the probability that the project will be complete within 12 weeks. (You may need to use the appropriate technology to answer this question. Round your answer to four decimal places.) (d) Should you use the estimate in (b) or (c)? O The probability estimate from (b) based on the critical path is more accurate. O The probability estimate from (c) based on both paths is more accurate. O The probability estimates from (b) and (c) are equal.

Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here