Activity E Has an Optimistic Duration of 9 Days,a Most

question 121

Essay

Activity E has an optimistic duration of 9 days,a most likely duration of 12 days,and a pessimistic duration of 15 days.Estimate its expected duration and standard deviation.

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Definitions:

Inventory Change

The difference in inventory levels between two time periods, reflecting purchases, sales, and usage.

Accrued Liabilities

Obligations that a company has incurred but not yet paid for, recognized in accounting to match expenses with the revenues they help to generate.

Indirect Method

A cash flow statement preparation approach that starts with net income and adjusts for non-cash transactions and changes in working capital.

Marketable Securities

Financial instruments that are easily convertible into cash and may include stocks, bonds, and Treasury bills.