Answer:
Explanation:
Run A Duration B Duration C Duration 1 51 48 17 2 60 48 19 3 30 39 19 4 31 48 22 5 30 31 14 6 41 16 17 7 44 12 6 8 44 12 10 9 45 43 9 10 60 41 10 Based on the simulated numbers given above, what is the average completion time of the whole project?
Since B is the predecessor of C.
Project completion time for each run will be calculated as Maximum (Duration of A, Duration of B +Duration of C).
Represent
Run = R
Duration of A = DA
Duration of B = DB
Duration of C = DC
Project Completion time = PT
<u>R DA DB DC PT</u>
1 51 48 17 48 + 17 = 65
2 60 48 19 48 + 19 = 67
4 31 48 22 48 + 22 = 70
5 30 31 14 31 + 14 = 45
6 41 16 17 41
7 44 12 6 44
8 44 12 10 44
9 45 43 9 43 + 9 = 52
10 60 41 10 60
<u> Total = 546</u>
Total Project completion time in 10 Stimulations = 546
Average project Completion time = 546/10 = 54.6
Therefore, average Project completion time is between 53 and 56 days.
Answer: If the United States eliminates its import quotas on Costa Rican sugar, <em><u>consumer surplus for American consumers of sugar products will rise.</u></em>
Here, the United States has finally decided to eliminates its import quotas on Costa Rican sugar. This will further allow the producer in Costa Rica to export more quantity of this commodity.
Answer:
By Focusing on Key Performing Indicators (KPIs)
Explanation:
Having large amounts of data has its <em>advantages</em> with give entities competitive advantages over rivals. These include the ability to satisfy a market need and establish changing trends in demand.
However, some firms <em>get lost in large data</em> and this is because of overwhelming amount of information and failure to focus on their industry`s Key Performance Indicators (KPIs).
