If the Most Optimistic Time for Completing an Activity Is

question 85

Multiple Choice

If the most optimistic time for completing an activity is 6,the most likely time is 9,and the most pessimistic time is 14,then the estimated time for the activity is ______.

• A)9.33
• B)11.63
• C)12.38
• D)9.54

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Definitions:

Accounts Payable

The amount of money a company owes to its suppliers or creditors for goods and services received but not yet paid for, typically due within a year.

Net Income

The total profit or loss of a company after all revenues, costs, and expenses have been accounted for, over a specific period.

Operating Activities

The core revenue-generating activities of a business, including production, sales, and delivery of the company's product and services.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.