The Formula to Calculate an Activity's Probabilistic Expected Time Is

question 99

Multiple Choice

The formula to calculate an activity's probabilistic expected time is

• A) ET = ( M+4*O+P)/6
• B) ET = ( P+4*O+M)/6
• C) ET = ( P+4*M+O)/6
• D) ET = ( P+3*M+O)²/6
• E) ET = ( M+3*O+P)/4

---

Definitions:

Fair Value Hedge

A hedging strategy used to mitigate risk by matching the fair value of an asset or liability through a financial derivative.

Merchandise Inventory

Goods held by a business for the purpose of sale to customers in the ordinary course of business.

Forward Contract

A non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Ordering Merchandise

The process of purchasing goods for sale, typically from suppliers or manufacturers, by a retail or wholesale business.