Given an EAC of $10,000 and a BAC of $15,000

question 76

Multiple Choice

Given an EAC of $10,000 and a BAC of $15,000, the project is expected to be completed _________.

• A) over budget
• B) under budget
• C) over budget but ahead of schedule
• D) under budget but behind schedule
• E) on budget

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Definitions:

Lean Manufacturing

A carefully planned strategy to decrease waste in manufacturing processes without compromising efficiency.

Inventory Needed

The quantity of stock that a business requires to meet its upcoming production and sales needs.

Direct Labor

The labor costs directly attributable to the production of goods or services, typically wages for workers who manufacture a product or perform a service.

Lean Manufacturing

A systematic method for waste minimization within a manufacturing system without sacrificing productivity.