A PERT/CPM Activity Has an Optimistic Time Estimate of 4

question 36

Multiple Choice

A PERT/CPM activity has an optimistic time estimate of 4 days, a most likely time estimate of 6 days, and a pessimistic time estimate of 10 days. The expected time (in days) of this activity is:

• A) 6.0
• B) 6.33
• C) 7.0
• D) 7.5

Grasp the relationship between pricing strategies and profit objectives.

Understand the impact of cost (supply and demand costs) on pricing decisions.

Realize the practical applications of pricing strategies in real-world scenarios.

Understand the concept of competitive pricing strategies and their implications on market dynamics.

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