Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64. There is a .90 probability that the project will be completed before approximately day:
A) 98.
B) 108.
C) 109.
D) 115.
E) 118.
E
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Answer the following statements true (T) or false (F)
1. Because all work ultimately entails some human interaction, effort, or involvement, Bossidy and Charan believe that focusing on organization synergy is the most important process in strategy execution. 2. Tom is in the marketing department with HomeMade Soups. He was given the responsibility of determining if customers liked the new spicy chicken noodle soup. According to HomeMade Soups' sales data, over 4,000 customers purchased the new soup last month. If Tom surveys 25 of those customers, he has selected an appropriate sample size for decision making. 3. Decision making is the process of identifying and choosing alternative courses of action. 4. When evaluating the alternatives of a decision, managers need to base decisions strictly on cost, quality, and feasibility.
In the context of maintaining flexibility while planning, unlike traditional planning, options-based planning:
a. involves committing people and resources to a particular course of action. b. involves making large investments in many alternative plans over a long period of time. c. reduces flexibility. d. involves maintaining slack resources.
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 measurable 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) "Establish a minimum of four Baker's Hut coffee houses in Atlanta through a franchise model." C) "Become the preeminent coffee house in the city through a robust commitment to quality." D) "Provide training and opportunities for the staff to improve their skills."
Which is NOT an appropriate way to respond to someone who interrupts with a question?
a. Berate them. b. Answer their question. c. Tell them that you will answer their question at the end. d. Tell them the answer is coming in the speech.