Paulina, a Fashion Designer, Has a New Project That Requires

question 48

Multiple Choice

Paulina, a fashion designer, has a new project that requires her to make five dresses in seven days. A sum of $2,000 is allotted to her to fund the entire project. In three days, she completes one-third of the work and spends $1,2Calculate the cost performance index from the given scenario.

• A) 0.55
• B) 0.75
• C) 0.33
• D) 0.66
• E) 0.25

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Definitions:

Difference Approach

A method used in various fields to understand or analyze differences between entities or phenomena, often to derive specific conclusions or solutions.

Dallas Stores

Retail outlets or branches located in Dallas, typically referring to their specific performance, strategies, or relevancy in market analysis.

Control Group

in experimental research, is a group of subjects that does not receive the treatment or intervention being tested, serving as a baseline to compare the effects of the treatment on the experimental group.

Representativeness

A heuristic in which an individual assesses the likelihood of an event by comparing it to an existing prototype in their mind.