If an Activity's Optimistic Time Is 4 Days,its Realistic Time

question 58

True/False

If an activity's optimistic time is 4 days,its realistic time is 10 days,and its pessimistic time is 25 days,then its estimated time would be 11.5 days.

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the consumption of the asset over time.

Disbursements Schedule

A plan that outlines the expected payments to be made by an organization over a specified period.

Production Budget

An estimation of the number of units that must be produced in a given period to meet both sales and inventory needs.