The Following Table of Probabilistic Time Estimates (In Weeks)and Activity

question 22

Multiple Choice

The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project.
Table ZZ
-Using Table ZZ,the earliest finish time for activity C is

• A)5.00 weeks.
• B)8.17 weeks.
• C)9.50 weeks.
• D)12.67 weeks.

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Definitions:

Monetary Costs

Expenses measured in terms of the amount of money expended or required to purchase goods, services, or assets.

Alternative Activities

Options or activities that can be chosen as alternatives to the current activity being engaged in, often considered in the context of opportunity cost.

Comparative Advantage

The ability to make something at a lower opportunity cost than other producers face.

Absolute Advantage

The ability to make something using fewer resources than other producers use.