An Activity on a PERT Network Has These Time Estimates

question 5

Multiple Choice

An activity on a PERT network has these time estimates: optimistic = 2,most likely = 3,and pessimistic = 8.What is its expected activity time and variance?

• A)3.67;1
• B)3.67;6
• C)4.33;1
• D)4.33;6
• E)none of the above

---

Definitions:

Marketing Plans

Strategic documents outlining the actions needed to achieve marketing objectives, such as target markets and positioning.

Action Alternatives

Possible courses of action available for decision-making in various situations.

Consequences

The outcomes or results that follow from a specific action or decision, which can be intended or unintended, positive, or negative.

Uncertain

A state or condition of having incomplete knowledge or information, often leading to indecision or variability in outcomes.