If the Most Optimistic Time for Completing an Activity Is

question 56

Multiple Choice

If the most optimistic time for completing an activity is 2,the most likely time is 4,and the most pessimistic time is 7,then the estimated time for the activity is ______.

• A)4.17
• B)10.58
• C)5.83
• D)6.42

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Definitions:

Source Documents

Documents that provide evidence of a business's transactions, such as invoices, contracts, or receipts.

General Journal Entries

The records of financial transactions in the chronological order in which they occur, used as a preliminary step in building the company's financial statements.

Raw Materials

The basic materials that are used in the manufacturing process to create finished goods.

Direct Labor

The wages or costs associated with workers who are directly involved in the production of goods or services.