Bill-
People who answered your question with alternatives were trying to give you the benefit of their experience.
I have drilled 100's of holes in concrete over the years. I'm even old enough to have used a star drill (my dad made you use one when a concrete / masonry bit in a regular electric drill wouldn't do the job)
So I was one of the guys who had experience with: electric drill star drill star drill used in conjunction with electric drill battery powered rotary hammer electric rotary hammer (Bosch, Hilti, Milwaukee)
based on this experience I know the method I would use
So after hundreds of holes with all sorts of tools / methods......I see a question from a guy wanting to get a star drill to use in conjunction with an electic drill to drill 40 holes x 3/4" diameter of unspecified depth in concrete of specified thickness & reinforcement.
I think "wow'....he's headed for a lot work with that star drill. I think I give him the benefit of my experience.
Sorry if you didn't like my answer or the similar ones supplied by others.
in that time frame for some reason? What if I got called away for an emergency, or it started to rain?