Analysis of a PERT Problem Shows the Estimated Time for the Critical

question 75

Multiple Choice

Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64.There is a .90 probability that the project will be completed before approximately day:

• A)98.
• B)108.
• C)109.
• D)115.
• E)118.

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Definitions:

Franchisee

An individual or company that holds the right to operate a franchise, selling goods or services under a franchisor's brand.

Franchisor

A franchisor is a business entity that grants the right to use its trademark or business model to other businesses (franchisees) in exchange for a fee.

Expansion

The process of enlarging the scale of operations, increasing the production capabilities, or broadening the scope of a business.

Quick-service Restaurant

A type of eating establishment known for fast food service and minimal table service, often part of a restaurant chain.