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Anarel [89]
4 years ago
6

When activity times are uncertain, total project time is normally distributed by considering the overall mean being equal to the

sum of the means of all of the critical activities. Group of answer choices True False
Business
2 answers:
Ymorist [56]4 years ago
8 0

Answer: True

Explanation:

Management scientists developed the Project Evaluation and Review Technique(PERT) and Critical Path Method(CPM) to help organizations plan, schedule and control large projects like building a hospital or construction of a big factory.

The techniques are used in project management to get the duration a project will take before it's completed. The project evaluation and review technique gives room for uncertainty in activity durations through the use of statistical assumptions. In instances where the activity times are not certain, the amount of total time the project will take is normally distributed by considering that the total mean is equal to the addition of the means of all the critical activities.

inna [77]4 years ago
8 0

Answer:

The statement is: True.

Explanation:

Project scheduling is the activity by which a company lists all the activities necessary to accomplish an objective and determines the length of each activity to find out the total time the project should take. The outcome is a document that allows managers and investors to find out when the plan should be finished. The activities, then, must be carried out following the schedule to deliver the work on time.

<em>In case some of the activities' length is uncertain an average estimated for critical duties is set and multiplied by the total number of activities. The result will be the time it will take to complete the project.</em>

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Answer:

product mix

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The combination of product lines offered by a manufacturer is called the firm's: product mix.

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1 year ago
For each hypothetical scenario, indicate whether the tariff described is more likely a protective tariff or a revenue tariff.
LenaWriter [7]

Answer:

a. In response to concerns from business leaders, a legislator has designed a new tariff on raw materials used by many manufacturing firms. The legislator felt the new tariff was necessary based on input from the private sector that new discoveries of natural resources abroad would threaten to put domestic producers of raw materials out of business. To meet this goal, this tariff will charge $1,500 on every crate of the imported goods plus an additional 6% of the total value of the imported goods.

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b. In an effort to balance next year's budget, a senator has proposed a new tariff. She proposed the new tariff with a goal of raising a total of $100 million, To meet this goal, this tariff will charge $2,000 on every ton that is imported.

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3 years ago
The architects of the bretton woods agreement built limited flexibility into the fixed exchange rate system in order to:
Katena32 [7]
To correct avoid high unemployment, one of the measures done by the architects of Bretton woods is to agree on building a limited flexibility into the fixed exchange rate system. In addition, it was stated in the argument that the rules and regulations of the monetary management between the U.S., Canada, Western Europe, Australia, and Japan must be systematically established.
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1 If Peter temporarily takes over Thomas's job in his absence, what does this move represent? Briefly explain what this entails.
Ludmilka [50]

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This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.

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Suppose that the market for labor is initially in equilibrium. If the firm employs labor-saving technology, the equilibrium wage
ZanzabumX [31]

Suppose that the market for labor is initially in equilibrium. If the firm employs labor-saving technology, the equilibrium wage and the quantity of labor will both rise.

<h3>How do you calculate labor market equilibrium?</h3>

The labor market is in equilibrium when supply equals demand; E* workers are employed at a wage of w*.

In equilibrium, all persons who are looking for work at the going wage can find a job.

<h3>What is equilibrium wage rate?</h3>

The equilibrium market wage rate is at the intersection of the supply and demand for labor.

Employees are hired up to the point where the extra cost of hiring an employee is equal to the extra sales revenue from selling their output.

Learn more about equilibrium here:

<h3>brainly.com/question/19472121</h3>

<h3>#SPJ4</h3>
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