A Project Whose Critical Path Has an Estimated Time of 120

question 2

Multiple Choice

A project whose critical path has an estimated time of 120 days with a variance of 100 has a 20% chance that the project will be completed before day (rounded to nearest day) .

• A) 98
• B) 112
• C) 120
• D) 124
• E) 220

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Definitions:

Control Block

An interest controlling 50% of outstanding votes plus one; thereby it may decide the fate of the firm.

Corporate Takeover

The acquisition of one company by another, either through direct purchase or through the accumulation of a majority of its stock shares.

Distribution

The process of delivering products or services from the producer to the final consumer.

Greenmail

A targeted stock repurchase where payments are made to potential bidders to eliminate unfriendly takeover attempts.