What Is the Expected Time to Complete a Task with an Optimistic

question 65

Multiple Choice

What is the expected time to complete a task with an optimistic, most likely, and pessimistic times of 3, 4, and 7 days respectively?

• A) 3
• B) 4
• C) 4.3
• D) 4.7
• E) 7

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Definitions:

Year 2

Refers to the second year of a specified time frame, often used in financial and academic contexts.

Accounts Receivable Turnover

A measure of how quickly a company collects cash from its credit sales.

Inventory Turnover

A ratio indicating how many times a company's inventory is sold and replaced over a specific period.

Year 2

A term that indicates the second year in a series, often used in financial and operational planning to distinguish between different time periods.