Sparky Knows That Installing the New Equipment and Training Workers

question 225

Multiple Choice

Sparky knows that installing the new equipment and training workers to use it efficiently will be a long and complex process consisting of many different tasks. Which of the following methods would help him determine how long this project is likely to take?

• A) TPSM (task priority scheduling method)
• B) DA (dependency analysis)
• C) TRSS (task and resource scheduling system)
• D) PERT (program evaluation and review technique)

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Definitions:

Accounts Receivable

Funds that are to be paid to a business by its customers for the provision of goods or services that have already been delivered or used, but have not been paid for.

Equity Multiplier

A financial ratio that measures the proportion of a company’s assets that are financed by stockholders' equity, indicating the level of debt financing.

New Equity

Funds raised by a company through the issuance of shares to the public or to specific investors.

New Assets

Items of value that are acquired or added to a company's or individual's holdings, which have the potential to generate income or increase net worth.