To calculate the probability of completing a project by a certain date:
A) the expected completion time of the project is taken to be the sum of the activity times on the shortest path.
B) the variance of the distribution of project completion times is taken to be one-sixth the difference between the latest finish time and the earliest finish time of the last activity in the project.
C) we assume that the activity durations are independent of each other so that the normal distribution can be used.
D) we need only the parameters of the beta distribution for the finish node of the diagram.
C
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List the direct labor variances and briefly describe each.
What will be an ideal response?
______________ currency is the name given to a currency used by central banks when they intervene in the currency markets.
Fill in the blank(s) with the appropriate word(s).
During its first year of operations, a company granted employees vacation privileges and pension rights estimated at a cost of $21,500 and $15,000. The vacations are expected to be taken in the next year and the pension rights are expected to be paid in the future 5-30 years. What is the total cost of vacation pay and pension rights to be recognized in the first year?
A) $15,000 B) $36,500 C) $6,500 D) $21,500
Which statement concerning cultural differences in dining practices is incorrect?
a. In Italy, the salad is often served after the main course. b. Serving coffee at the end of the meal is common in most cultures. c. Countries besides the United States that serve water with meals usually serve it without ice. d. In all cultures, business meals are usually eaten at restaurants.