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An Activity Has an Optimistic Time Estimate of Three Days,a

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An activity has an optimistic time estimate of three days,a most likely time estimate of eight days,and a pessimistic time estimate of ten days The expected duration of this activity is:


Definitions:

Dashboards

Visual display panels that provide real-time information about a system or process, often used in business to monitor performance.

Manufacturing Enterprise Solutions Association (MESA)

An international community focusing on best practices, strategies, and innovations for manufacturing operations.

Metrics

Standardized measures used to evaluate and track the performance or progress of a business, process, or system.

MTS (Make-to-Stock)

A production strategy where companies manufacture products in anticipation of demand and keep an inventory to quickly meet that demand.

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