When the Earliest Start Time (ES) of an Activity Is

question 89

Short Answer

When the earliest start time (ES) of an activity is subtracted from the latest start time (LS) of an activity, the value obtained is called ________.

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Definitions:

Weighted-average

A method used in accounting and finance to calculate an average that takes into account the varying degrees of importance of the numbers in the dataset.

Conversion

The process of changing raw materials into finished goods, or the conversion of currencies, data, or resources from one form to another.

Equivalent Units

A principle applied in process costing that transforms units of incomplete production into an equivalent number of units as if they were fully completed.

Weighted-average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, assigning weights to each number before averaging.