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marysya [2.9K]
3 years ago
10

An activity on a PERT network has these time estimates: optimistic =2, most likely = 3, and pessimistic 8. Its expected time and

variance (if it is a critical activity) are:_______
Business
1 answer:
Talja [164]3 years ago
5 0

Answer:3.67,1

Explanation:

TE = (O + 4T + P) / 6

where,

TE = Pert Expected Time Duration,

O = Optimistic estimate, =2

T = Typical estimate,=3

P = Pessimistic estimate=8

TE = (O + 4T + P) / 6

=(2+4*3+8)/6

3.6666=3.67

σ = (P – O)/6

=(8-2)/6

=1

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Answer:

inputs, outputs, transformation processes, and feedback.

Explanation:

The viewpoint of the system that could see the organziation as the entities as they should be made of the input as the raw material, output as the finished product, transformation process as when the raw material is converted into the finished product and the feedback as the client feedback related to the product and service

So as per the given situation the above should be the answer

6 0
3 years ago
If capital rents for $25 per unit per hour, labor can be hired for $9 per unit per hour, the level of total factor productivity
Soloha48 [4]

Answer:

Following are the solution to the given question:

Explanation:

The decrease of a marginal input return implies that its input is increasing by one unit, thereby decreasing its marginal input product.

Function of production

F(K, L) = AK^{\frac{3}{4}} L^{\frac{3}{4}}

Its capital products subject (MPK) is derived by differentiating the factor of production from K.

MPK = \frac{3}{4}\times AK^{\frac{3}{4}} - 1L^{\frac{3}{4}}\\\\MPK = \frac{3}{4}AK^{-\frac{1}{4}}L^{\frac{3}{4}}\\\\MPK = \frac{3}{4}\times A\times (\frac{L^{\frac{3}{4}}}{K^{\frac{1}{4}}})

Note: When a value is changed from numerator to denominator, then the power symbol shifts between positive to negative.

Since k is in the denominator, K decreases \frac{3}{4}\times A\times (\frac{L^{\frac{3}{4}}}{K^{\frac{1}{4}}}), and therefore MPK is reduced.

There's hence a decreased effective return on capital again for production function.

Its marginal labor product (MPL) is determined by distinguishing the manufacturing function from L.

MPL = (\frac{3}{4})\times AK^{\frac{3}{4}}L^{\frac{3}{4}}-1\\\\MPL = (\frac{3}{4})AK^{\frac{3}{4}}L^{-\frac{1}{4}}\\\\MPL = (\frac{3}{4})\times A\times (\frac{K^{\frac{3}{4}}}{L^{\frac{3}{4}}})

The denominator of L reduces L (\frac{3}{4})\times A\times (\frac{K^{\frac{3}{4}}}{L^{\frac{3}{4}}}) and therefore reduces MPL.

So there is a decreasing marginal return to labor in the production function.

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3 years ago
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Learn more about retail strategy here brainly.com/question/15850455

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bonufazy [111]

Answer:

Check the explanation

Explanation:

Please the answer to this question is in the attached file

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