If the Most Optimistic Time for Completing an Activity Is

question 66

Multiple Choice

If the most optimistic time for completing an activity is 14,the most likely time is 16,and the most pessimistic time is 30,then the estimated time for the activity is ______.

• A)18
• B)19
• C)20
• D)21

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Definitions:

Total Construction Cost

The complete financial expenditure involved in constructing a building or infrastructure, encompassing material, labor, equipment, and indirect costs.

Operating Cost

Refers to the ongoing expenses associated with the running of a business, such as utilities, rent, payroll, and maintenance.

Location Decision

The process of selecting a geographical location for a company’s operations, facilities, or investments, considering factors such as cost, accessibility, and legal requirements.

Linear Programming

A mathematical method used to find the best possible outcome or solution from a given set of parameters or list of requirements, subject to certain constraints.