An Activity on a PERT Network Has These Time Estimates

question 32

Multiple Choice

An activity on a PERT network has these time estimates: optimistic = 1, most likely = 2, and pessimistic = 5. What is its expected activity time?

• A) 2.00
• B) 2.33
• C) 2.67
• D) 4.67
• E) 14.00

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Definitions:

Employee Time

The recorded hours worked by employees, often used for productivity analysis, payroll, and scheduling purposes.

Space Occupied

Refers to the area utilized by a company for its operations, including manufacturing, storage, or office space.

After-Sales Department

A division of a business that handles customer service, support, and warranty claims after the sale of a product.

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed, instead of adjusting net income on an accrual basis.