All categories

3 years ago

Which statement is true of Critical Path Method (CPM)?

Business

1 answer:

Masja [62]3 years ago

6 0

Answer:

d. It determines the critical path for the completion of a series of interrelated activities.

Explanation:

The Critical Path method is a method to lay out the different steps or interrelated activities of a project, in a graphical manner, that shows the interrelations, the time each activity takes to complete, the different alternatives or paths for project completion, and the total completion time for the project.

It also shows the amount of time a delay in one of the activities would delay the project as a whole.

You might be interested in

The following is information for Palmer Co. Year 3 Year 2 Year 1 Cost of goods sold $ 643,825 $ 426,650 $ 391,300 Ending invento

IceJOKER [234]

Answer:

Inventory turnover

Year 3 6.95 times

Year 2 4.73 times

Year 1 4.23 times

Days Sales In Inventory

Year 3 55.22 days

Year 2 75.07 days

Year 1 86.28 days

Explanation:

Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.

According to given data

Year 3 Year 2 Year 1

Merchandise inventory 97,400 87,750 92,500

Cost of goods sold $643,825 $426,650 $391,300

Inventory turnover = Cost of Goods Sold / Average Inventory value

Inventory turnover= Cost of Goods Sold / [ ( Opening Inventory + Closing Inventory ) / 2 ]

Year 3

Inventory Turnover = $643,825 / [ ( 97400 + 87750 ) / 2 ] = 6.95

Year 2

Inventory Turnover = $426,650 / [ ( 87750 + 92500 ) / 2 ] = 4.73

Year 1

Inventory Turnover = $391,300 / 92500 = 4.23

As there will be no Beginning inventory so average inventory will be same as the closing inventory is the same as the Closing Inventory.

Days Sales In Inventory = 365 x Ending Inventory / Cost of Goods Sold

Year 3

Days Sales In Inventory = 365 x 97,400 / $643,825 = 55.22 days

Year 2

Days Sales In Inventory = 365 x 87,750 / $426,650 = 75.07 days

Year 1

Days Sales In Inventory = 365 x 92,500 / $391,300 = 86.28 days

3 0

3 years ago

person who does not lock the doors or does not repair leaks shows an indifferent attitude. This person presents what type of haz

ki77a [65]

A person who doesn't lock doors or fix leaks presents morale hazard.

<h3>What is morale hazard?</h3>

It refers to an unconscious attitude of an individual who is indifferent to the loss of their personal property that is covered by insurance, since the insurance could cover the damages that have occurred.

Therefore, morale hazard is the change in behavior that comes from the subconscious, generating indifference about the loss of goods because they are covered by insurance.

Find out more about morale hazard here:

brainly.com/question/15084670

#SPJ1

5 0

2 years ago

The U.S. Treasury has Kleine Toymakers is introducing a new line of robotic toys, which it expects to grow their earnings at a m

nevsk [136]

Answer:

The present value of the dividends to be paid out over the next six years if the required rate of return is 15 percent is $6.57

Explanation:

Solution:

Given that

The present value =∑ ⁿ t=1 cf/ (1 +r)t

where cf= cash flow

r =the required rate of return

t = the number of years

Now

The present value will be:

cf₁/(1+r)^1 + cf₂/(1 +)^2 + cf₃/(1+r)3 + cf₄/(1 +r)^4) + cf₅/(1 +r)^5 + cf₆/(1+r)^6

Hence,

cf₁, cf₂ cf₃ = 0 as the firm does not expect to pay dividend in the next three years

Note: Kindly find an attached document of the part of the solution to this given question

6 0

3 years ago

3. There a number of market entry strategies that businesses use in entering into markets outside their countries. a) Distinguis

sattari [20]

Answer:

a) Distinguish between the use of Franchising and Joint Venture as modes of entry into other countries by global businesses.

Franchising consists in the licensing of aspects of production and intellectual property to a another party: the franchise.

A Joint Venture is a business union between two or more parties, in which they split profit as well as costs and responsabilities.

b) What are the respective advantages and disadvantages of both strategies?

Franchising can be a quicker way to expand into foreign markets. The flexibility of the method, and the lower capital requirements are the reason why. This can be seen in the success that American fast-food brands have had using this method to expand in global markets.

A Joint-Venture can be more difficult to use for market expansion, however, it can be more profitable, because the profit will not be split among as many parties as in franchising, and more importantly, the firm maintains a higher control of the operation.

7 0

3 years ago

Inseparability in services means consumers Multiple Choice are unable to differentiate price from quality. cannot separate thems

cestrela7 [59]

<u>Answer: </u>Option Consumer cannot separate the service itself from the deliverer of the service.

<u>Explanation:</u>

Inseparability means that the consumer does not see the service and provider of the service as varied things. Because of this inseparable concept the business in service industry concentrates on the quality of the people providing the service.

The consumer's service evaluation is inseparable from the service provider. The service providers have to take decisions according to this concept. If the organisations do not take these steps then they will miss in providing customer satisfaction.

7 0

3 years ago