The critical path is the sequence of activities that represent the shortest path through the project, which determines the shortest possible duration of the project
Indicate whether the statement is true or false
F
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Baker's Hut is a coffee house based in Atlanta, Georgia. The proprietor of Baker's Hut has set out
a list of objectives for the establishment to achieve. Which of the following qualifies as a time-based objective under the S.M.A.R. T objective framework? A) "Expand the range of our menu offerings by the end of the calendar year." B) "Provide training and opportunities for the staff to improve their skills." C) "Establish a minimum of four Baker's Hut coffee houses in Atlanta through a franchise model." D) "Become the preeminent coffee house in the city through a robust commitment to quality."
Explain the Himalaya Clause
What will be an ideal response?
Penny just won the state lottery that offers a choice of payments. She may opt for either receiving $1,000,000 today or $2,000,000 at the end of ten years. If she can invest her funds at 5% annually, which is the better choice?
A) The later payment since $1,000,000 invested at 5% for ten years will be worth $1,500,000. B) The immediate payment since the present value of the $2,000,000 payment is $1,200,000. C) The earlier payment since the future value of $1,000,000 in ten years is $1,628,894. D) The earlier payment since the present value of the $2,000,000 payment is $876,000. E) The later payment since the present value of the $2,000,000 payment is $1,227,827.
Petty Corporation has two production departments, Milling and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MillingFinishingMachine-hours 20,000 14,000Direct labor-hours 2,000 8,000Total fixed manufacturing overhead cost$148,000$88,000Variable manufacturing overhead per machine-hour$1.90 Variable manufacturing overhead per direct labor-hour $3.60The predetermined overhead rate for the Finishing Department is closest to:
A. $5.84 per direct labor-hour B. $14.60 per direct labor-hour C. $11.00 per direct labor-hour D. $3.60 per direct labor-hour