In PERT, three time estimates (optimistic, most likely, and pessimistic) provide an estimate of the mean and variance for each activity, based on the normal distribution
Indicate whether this statement is true or false.
Answer: FALSE
You might also like to view...
The probability of an economic decline in the year 2008 is 0.23. There is a probability of 0.64 that we will elect a republican president in the year 2008. If we elect a republican president, there is a 0.35 probability of an economic decline. Let D represent the event of an economic decline, and R represent the event of election of a Republican president. a.Are R and D independent events?b.What is the probability of a Republican president and economic decline in the year 2008?c.If we experience an economic decline in the year 2008, what is the probability that there will a Republican president?d.What is the probability of economic decline or a Republican president in the year 2008? Hint: You want to find P(D?R).
What will be an ideal response?
An entrepreneur is a person who forms and operates a business
Indicate whether the statement is true or false
Refer to the following selected financial information from Troy Manufacturing. Compute the company's current ratio. Current Assets306,450 Plant assets388,000 Current Liabilities107,800 Net sales676,000 Net Income75,000
A. 3.60. B. 6.27. C. 2.84. D. 1.44. E. 6.44.
The goal of ______ is to regulate both the flow of work orders and work center capacities in order to achieve a steady flow of work with minimal load back-up.
a. material resource planning (MRP) b. distribution requirements planning (DRP) c. capacity requirements planning (CRP) d. enterprise resource planning (ERP)