Answer: Both of them
Explanation:
The Monte Carlo Simulation is a forecasting technique that allows one to find out the probability of occurence of different outcomes which may be difficult to come up with because there are multiple random variables involved.
Monte Carlo simulations are used in many diverse fields such as Finance, Engineering and Science.
As earlier mentioned, this simulation allows for multiple random variables so Phillips can use it to model both the variables to have different characteristics.
For a 13-person team, The number of extra workers that should be hired to meet the labor hours needed without overtime is 7.
<h3>What is Labor hours?</h3>
This is a term that connote the total hours of workers that are said to be having or getting an hourly wage and they are the ones who are said to be directly employed on the site of a building, public works project, etc.
Note that "Labor hours" is one that entails hours of work that has been carried out by workers who have been employed by the general contractor or the subcontractors that are found to be working on the project.
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Answer:
securities
bond
stock
Explanation:
Corporations source their finances from issuing securities. If they borrow from banks or other corporations or from investors, then that is considered debt. They can also borrow debt by issuing bonds which are fixed securities which can either be paying coupons periodically or not. If they do not have debt financing, they can sell part of company ownership to investors by issuing stocks and pay dividends to them in return.
Answer:
The correct answer is the option B: assess sponsor capability.
Explanation:
To begin with, the project managers must take care of every step necessary in order to obtain the best results as possible that the team is looking for, therefore that in order to do that task, the project manager must undertake the activities of assess the individual and team capability of the project and due to the fact that certain standards must been followed then obviously there is the need of establishing a team ground rules (team charter). In the other side, the project manager can assess the capability of the sponsor but if the company can not change of sponsor then there is nothing that he can do, therefore that that activity is not completely necessary.