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hammer [34]
3 years ago
15

Mary reports that, on a productive week, she can develop the system requirements in four days, but during a normal week it shoul

d take around eight days. during the time frame that mary will be working on the requirements, things will be very hectic and this could cause the requirements to take as much as twelve days. what is the expected duration for gathering system requirements using three-point method
Business
1 answer:
xeze [42]3 years ago
7 0

Answer: The expected duration for gathering system requirements using three-point method is 8 days.

We obtain the same answer when we use the Simple Average method and the PERT method.

We follow these steps while arriving at the answer.

We have the following information from the question:  

Optimistic Value (O) -  4 days (best estimate of time taken to complete the task)

Most Likely Value (M) – 8 days (realistic estimate of time taken to complete the task)

Pessimistic Value (P) – 12 days (worst estimate of time taken to complete the task)

There are two formulas we can use to determine the expected duration by using the three-point estimation method.

  1. <u>Simple Average method:</u> We use the following formula under this method.

         E_{SA} = \frac{O+P+M}{3}

         E_{SA} = \frac{4+12+8}{3}

         E_{SA}  = 8 days  (\frac{24}{3} )

       2. <u>PERT method</u>. The formula for this is:

          E_{PERT} = \frac{O+P+4M}{6}  

          E_{PERT} = \frac{4+12+(4*8)}{6}  

          E_{PERT} = \frac{48}{6}

           E{PERT} = 8 days

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5 0
3 years ago
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If Patty Shoemaker estimates that her $400 weekly grocery bill will increase at an annual inflation rate of 5%, what should her
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Answer:

the weekly grocery bill in 4 years is $486.2025

Explanation:

The computation of the weekly grocery bill in four years is shown below:

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3 years ago
Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that is lower than the minimum wage. decided b
bezimeni [28]

Answer:

a rate not less than one and one-half times the employee's regular rate of pay.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

The Fair Labor Standards Act is a labor law of the United States of America that was authored by Ellen C. Kearns. This labor law is applicable to all employees working in the private sector, local, state and federal government agencies or civil service. It was first published in 1938 and has since then be amended on several occasions.

All of the following were addressed by the Fair Labor Standards Act (FLSA):

I. Minimum wage.

II. Restrictions on child labor.

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An overtime pay can be defined as an amount of money that is earned by an employee for working extra hours above the normal work period or working hours.

Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that shouldn't be less than one and one-half times the regular rate of pay being received by an employee.

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3 years ago
The practice of setting price by increasing the marginal cost of production by some percentage is referred to as: Group of answe
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percentage or markup . It should be noted that The practice of setting price by increasing the marginal cost of production by some percentage is referred to markup pricing.

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Arrange six departments into a 2 x 3 grid so that these conditions are satisfied: 1 close to 2, 5 close to 2 and 6, 2 close to 5
drek231 [11]

Answer:

1?3

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If one is close to 2, then but so is five, and 6 is near five then they all have to be on there own row. Seeing as 3 is close not close to 1, or 2, it has to be the furthest away from them as it can be, and the questionmark is there because you only have five numbers, (1,2,3,5,6) so there isn't enough info for the question mark to have an answer.

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