If the Length of the Critical Path Is 25 Weeks

question 77

Multiple Choice

If the length of the critical path is 25 weeks, what is the probability that the project will be completed on or before 22 weeks?

• A) greater than 20 percent but less than 25 percent
• B) greater than 25 percent but less than or equal to 35 percent
• C) greater than 80 percent but less than or equal to 85 percent
• D) greater than 85 percent

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Definitions:

Credible Threat

A declaration or indication of intended action that is believable and likely enough to influence others' behaviors or decisions.

Warranty

A promise or guarantee made by a seller to a buyer to repair or replace a product that is found to be defective within a specified period.

Credible Threat

A strategy or warning that is believable and likely to be carried out in a strategic situation.

Stackelberg Firm

A business that is considered a leader in a market, setting prices or quantities that followers in the market then respond to.