The Critical Path Method (CPM) is appropriate for projects where the time required to perform each activity is a random variable

Indicate whether the statement is true or false


FALSE

Business

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The Mansfield Company manufactures and sells two lines of fishing rods. During the most recent accounting period, the Pro line and the Novice line sold 15,000 and 2,000 units, respectively. The company's most recent financial statements are shown below: Pro NoviceSales$900,000  $240,000 Less cost of goods sold:       Unit-level production cost 600,000   135,000 Depreciation, production equipment 125,000   50,000 Gross margin$175,000  $55,000 Less operating expenses:       Unit-level selling and administrative costs 40,000   65,000 Corporate-level facility expenses (fixed) 36,000   36,000 Net income (loss)$99,000  $46,000 Based on this information, the company should:

A. It is impossible to determine with the given information. B. Eliminate the Novice line because it is operating at a loss. C. Keep the Novice line because it contributes $55,000 to total profitability. D. Keep the Novice line because it contributes $40,000 to total profitability.

Business

____________ is a process of providing general direction from a position of influence to individuals or groups toward the successful attainment of goals.

a. Management b. Leadership c. Empowerment d. Motivation

Business

Hold Fast Tattoo wishes to open a tattoo studio on North Sheridan Road in the City of North Chicago and has obtained a prospective lessor at its desired location. In accordance with North Chicago's zoning ordinance, Hold Fast Tattoo applied for a

special use permit to operate a tattoo studio at that location. On June 21, 2007, the Zoning Board of Appeals of North Chicago recommended approval of the permit to its city council. The proposal was discussed at two council meetings, on July 9, 2007, and July 16, 2007, and Hold Fast Tattoo's (plaintiff) request for a special use permit was ultimately denied. The city council informed Hold Fast that its special use permit was denied because it was "not the kind of business" the council wanted in North Chicago. Hold Fast filed suit. What should the court decide and why.

Business

In ________ we do not question the requirements or discover them, but try to realize them

A) solution space B) problem space C) requirement space D) method space

Business