1. A sporting goods store is planning to open an outlet in a college town. The…

1. A sporting goods store is planning to open an outlet in a
college town. The activities consist of the hiring of the manager
of the outlet and his/her employees. Also it is necessary to
coordinate the renovation of a building that previously was a fast
food restaurant. To schedule this project using PERT, the following
time estimates (in weeks) are gathered:

What is the critical path and expected completion time for this
project?   (15 pts)

Which activity has the largest slack, and how large is that
slack? (5 pts)

What is the probability that the project is completed in 26
weeks and 24 weeks? (15 pts)

Activity

Description

Opt.
time

Likely
time

Pess.
time

Predecessors

A

Interview at college for new manager

4

10

16

None

B

Renovate building

4

6

20

None

C

Purchase new equipment for new outlet

1

4

7

B

D

Check references for new manager and make final selection

2

4

6

A

E

Place ad for new employees & interview applicants

3

3

3

D

F

Install new equipment

2

4

6

C

G

Make final selection for employees

3

3

3

E

H

Hold orientation meetings for employees

2

2

2

F,G