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sdas [7]
3 years ago
7

An activity on a project schedule has these duration estimates: optimistic (a) = 1, most likely (m) = 2, and pessimistic (b) = 5

. The activity’s expected duration is:
Business
1 answer:
Masteriza [31]3 years ago
5 0

Answer:

Activity expected duration = 2.333

Explanation:

Given:

Optimistic (a) = 1

Most likely (m) = 2

Pessimistic (b) = 5

Activity’s expected duration = ?

Computation of Activity expected duration:

Activity\ expected\ duration =  \frac{(a + 4m + b)}{6}

Activity expected duration = [1 + 4(2) + 5] / 6

Activity expected duration = [1 + 8 + 5] / 6

Activity expected duration = [14] / 6

Activity expected duration = 2.333

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irina1246 [14]

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Therefore the current ratio=

$1,700,000/$800,000 =

2 : 1

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3 years ago
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Which of the following scenarios would result in a decrease in the wage rate of solar panel installers and a decrease in the qua
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Wages of solar panel installers increase in another town and attract workers away from Billy's town.

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2 years ago
Now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to th
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This change will definitely cause an increase in aggregate demand without a corresponding increase in aggregate supply to meet the demand.

In doing this the government aims to permanently higher prices in order to restore employment and output to it's original level.

3 0
3 years ago
The Federal Reserve System (the 'Fed') was created by the Federal Reserve Act, passed by Congress in 1913, and began operations
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b. it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

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You need to accumulate $10,000. To do so, you plan to make deposits of $1,000 per year - with the first payment being made a yea
evablogger [386]

Answer:

It will take 6.68 years to reach the $10,000 goal.

Explanation:

As the deposit of $1,000 per year is a form of the annuity payment.

We will use the following formula in order to calculate the numbers of year required to reach the goal

Future value of Annuity = Annuity payment x ( ( ( 1 + interest rate )^numbers of years ) - 1 ) / Interest rate

Where

Future value of Annuity = Target amount = $10,000

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$1,400 = $1,000 x ( ( ( 1.14 )^n ) - 1)

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n = Log 2.4 / Log 1.14

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n = 6.68 years

It will take 6.68 years to reach the $10,000 goal.

7 0
3 years ago
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