Colorado University Operations And Supply Chain Management Assignment Help - NutriStar produces

Question - 1. Draw a network diagram for this project. Identify all the paths through the network diagram.
2. Simulate the completion of this project 1000 times assuming that activity times follow a triangular
distribution. Estimate the mean and standard deviation of the project completion time.
3. Develop a histogram to summarize the results of your simulation.
4. Calculate the probability that the project can be completed within 30 months. What is the probability
that the project will take longer than 40 months? W hat is the probability that the project will take
between 30 and 40 months?

MINI CASE

NutriStar produces a line of vitamins and nutritional supplements. It recently introduced its Nutri-
Sports Energy Bar, which is based on n ...Read More ew scientific findings about the proper balance of
macronutrients. The energy bar has become extremely popular among elite athletes and other people
who follow the diet. One distinguishing feature of the Nutri-Sports Energy Bar is that each bar
contains 50 milligrams of eicosapentaenoic acid (EPA), a substance strongly linked to reducing the
risk of cancer but found in only a few foods, such as salmon. NutriStar was able to include EPA in its
sports bars because it had previously developed and patented a process to refine EPA for its line of
fish-oil capsules. Because of the success of the Nutri-Sports Energy Bar in the United States,
NutriStar is considering offering it in Latin America. With its domestic facility currently operating at
capacity, the President of NutriStar has decided to investigate the option of adding approximately
10,000 square feet of production space to its facility in Latin America at a cost of $5 million. ...Read Less

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