Activity Times for a Project Are Estimated by All but Which

question 112

Multiple Choice

Activity times for a project are estimated by all but which of the following methods?

• A)the use of dowsing rods.
• B)managerial opinions based on similar prior experiences
• C)statistical methods based on actual past experience
• D)estimates using learning curve models to improve replications and estimate accuracy

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Definitions:

Seasonal Factor

Variations in business or trading activities that occur at the same time every year.

Simple Moving Average

A mathematical calculation that averages a set number of past data points to smooth out short-term fluctuations and identify trends.

Historical Demand

Past data regarding the consumption of products or services, used to predict future demand patterns and guide inventory and production planning.

July

The seventh month of the year in the Gregorian calendar, typically associated with mid-summer in the northern hemisphere.