In a Gantt Chart,the Time to Complete a Project Can

question 94

Multiple Choice

In a Gantt chart,the time to complete a project can be estimated by ______.

• A)the average of the longest duration for each sequenced activity
• B)adding the lengths of the longest individual legs of each sequenced activity
• C)the average of the longest duration for each sequenced activity multiplied by 3
• D)adding the lengths of the shortest individual legs of each sequenced activity

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Definitions:

Market Equilibrium

A state in the market where the quantity demanded by consumers equals the quantity supplied by producers, leading to a stable price for a good or service.

Socially Optimal Level

A state in which resources are allocated in the most efficient way possible, maximizing societal welfare or benefit.

Positive Externalities

Benefits experienced by third-parties or the society at large due to an economic activity, not directly involved in the transaction, such as education or vaccination.

Education

The method of being taught or teaching methodically, particularly in an educational institution like a school or university.