Project Terrace Has an Actual Cost of $3,000, but Their

question 49

Multiple Choice

Project Terrace has an actual cost of $3,000, but their earned value (all dollar amounts are in hundreds) table appears below. What is their cost variance?

• A) $250
• B) -$250
• C) 1.08
• D) 0.92

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Definitions:

Paint Work

The application of paint, varnish, lacquer, or other finishes to surfaces as a finite operation in manufacturing, maintenance, or artistic production.

Johnson's Rule

A scheduling rule used for minimizing job lateness and optimizing job sequencing in a manufacturing process.

Makespan

The total time required to complete a group of jobs on a production schedule, from start to finish.

FCFS

First Come, First Served, a principle or method used in various contexts where services or resources are provided to the first requestor in the order they are received.