If the Most Optimistic Time for Completing an Activity Is

question 80

Multiple Choice

If the most optimistic time for completing an activity is 1,the most likely time is 2,and the most pessimistic time is 4,then the estimated time for the activity is ______.

• A)2.17
• B)3.63
• C)5.38
• D)9.44

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Definitions:

Direct Labour

The cost associated with employees who are directly involved in the production process.

Standard Hours

The amount of labor time that is expected to be spent on a particular task or to produce a specific quantity of goods under normal conditions.

General Ledger

A comprehensive record of all financial transactions over the life of a company.

Direct Labour Time

The actual time workers spend on the production floor directly working on products or services.