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Use the Values in the Table to Calculate Activity Durations

question 100

Essay

Use the values in the table to calculate activity durations and variances for the project.Which path is critical? How closely should the other path be watched and why?
 Activity  Predecessor  Optimistic  Likely  Pessimistic  A 4610 B  A 258 D  A 679 E  B 3920 F  C 7911\begin{array} { | l | l | l | l | l | } \hline \text { Activity } & \text { Predecessor } & \text { Optimistic } & \text { Likely } & \text { Pessimistic } \\\hline \text { A } & - & 4 & 6 & 10 \\\hline \text { B } & \text { A } & 2 & 5 & 8 \\\hline \text { D } & \text { A } & 6 & 7 & 9 \\\hline \text { E } & \text { B } & 3 & 9 & 20 \\\hline \text { F } & \text { C } & 7 & 9 & 11 \\\hline\end{array}


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Forward Exchange Rate

The agreed-on exchange rate to be used in a forward trade.

Premium

The amount paid for a contract or policy over and above its nominal value or for a product above its market price due to special features or quality.

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The amount of domestic currency needed to purchase one unit of a foreign currency.

Canadian Dollar

The currency of Canada, represented by the symbol CAD and often referred to as the "loonie" due to the loon depicted on the one-dollar coin.

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