The Following Table of Probabilistic Time Estimates (In Weeks)and Activity

question 74

Multiple Choice

The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project. Table 9.2
Using Table 9.2,the expected time to complete activity A is

• A)5.00 weeks.
• B)7.33 weeks.
• C)7.67 weeks.
• D)8.00 weeks.

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Definitions:

Capital Budgeting

The process of evaluating and selecting long-term investments that are consistent with the firm's goal of value maximization.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in an equal amount each year.

Capital Budgeting

Capital budgeting involves the evaluation and selection of long-term investments that are expected to generate cash flows and contribute to a company's growth.

Incremental Sales

Additional sales generated by a specific business activity or decision, beyond what would have occurred normally.