If the most optimistic time for completing an activity is 3, the most likely time is 5, and the most pessimistic time is 12, then the estimated time for the activity is ______.
a. 5.83
b. 6.42
c. 10.58
d. 9.11
a. 5.83
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"How high priority is this situation? How believable is the information about the situation? How quickly must I act on the information about the situation?" Managers can use these questions to make decisions about (respectively)
A. outcomes, credibility, and ethics. B. priorities, reliability, and service. C. analytics, heuristics, and credibility. D. importance, credibility, and urgency. E. profitability, reliability, and efficiency.
Which of the following statements is true for duress?
A. The term duress is used in contract law to describe the situation in which one or both of the parties to an agreement acted under an untrue belief about the existence or nonexistence of a material fact. B. The courts have generally held that the threat of a well-founded civil suit is not duress. C. The basic idea behind duress is to protect the old, the timid, and the physically or mentally weak from those who gain their confidence and attempt to take advantage of them. D. The reason behind the idea of duress is that mistakes may prevent the "meeting of the minds" required by contract law.
In an effort to decrease the amount of industrial waste generated during production, Cerise wanted her company to use a new machine designed by one of the employees. She felt that the new machine could also bring down the company's costs. She tried to convince her supervisor and higher authorities to provide the resources needed to build and install the machine on a large scale. Cerise's role is that of a(n)
A. product champion. B. category captain. C. gatekeeper. D. executive champion. E. technical innovator.
In calculating the cost of common stock equity, ________
A) the use of the capital asset pricing model (CAPM) is often preferred, because the data required are more readily available B) the use of the CAPM is preferred, because it directly considers risk and the effect of inflation on the stock prices C) the use of the constant-growth valuation model is often preferred, because the data required are more readily available D) the use of the constant-growth valuation model is often preferred, because it has a stronger theoretical foundation