What is the variance involved in this activity

Assignment Help Operation Management
Reference no: EM13221535

Suppose a project team has arrived at the following time estimates for an activity: a = 3 days, m = 6 days, and b = 8 days. What is the variance involved in this activity?

a.
0.694

b.
0.111

c.
0.250


d.
0.833

 

 

Reference no: EM13221535

Questions Cloud

Why countries will agree to lower the price of oil : If a few oil-producing countries in the Middle East decide to jointly limit the production of oil, how they will agree to lower the price of oil in order to increase their profits. they are forming a cartel. they would like the price of oil to be ..
What are the legal obligations : What are the legal obligations if any under the lease contract?
Explain the isothermal compressibility of graphite : The isothermal compressibility of graphite is 1.56 × 10-7 bar-1. At what pressure is density equal to density of diamond?
What is the z value for the target completion time : Analysis of the activity network reveals an estimated project completion time of 145 working days with a project variance of 400. What is the z value for the target completion time of 180 working days? Find the closest value.
What is the variance involved in this activity : Suppose a project team has arrived at the following time estimates for an activity: a = 3 days, m = 6 days, and b = 8 days. What is the variance involved in this activity?
Define concisely why carbon has two electrons in different : Explain concisely why carbon has two electrons in different p orbitals with parallel spins rather than other possible arrangements.
Write an essay to explain why best buy have failed overseas : Write an essay to explain why Best Buy have failed overseas.
How many units will the firm produce in the short-run : Given below are the cost schedules for a perfectly competitive firm. Average Average Variable Total Marginal Quantity Cost Cost Cost 1 $ 50 $ 90 $ 50 2 45 65 40 3 40 53 30 4 35 45 20 5 34 42 30 6 35 41 40 7 37 43 50 8 40 45 60
Explain preferable to use a metal ion buffer to achieve : Why is it preferable to use a metal ion buffer to achieve pM = 7, rather than just dissolving enough M to give a 10-7 M solution?

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate do data on employee injuries-incidents turnover

Illustrate what do data on employee injuries, incidents, absences, also turnover suggest to you. Is there reason for concern about company's direction.

  The fruit guys used to determine effectiveness

Identify three other businesses that could use the five questions the Fruit Guys used to determine effectiveness and identify three businesses in which the business strategy would not work well

  Write an equation that represents the total cost

Write an equation that represents the total cost to put on the seminar, where x represents the number of students who enroll in the seminar.

  The pros and cons of rfid in supply chain management

Discuss in detail the advantages and disadvantages of using RFID for a specific element of the company's supply chain eg. Fruit or cereal or any area of the supermarket or retail store.

  Determine the number of drives the manager

Determine the number of drives the manager should order each month in order to meet 85% of customer demand.

  Determination of order quantity

It is your responsibility, as the new head of the automotive section of Nichols Department Store, to ensure that reorder quantities for the various items have been correctly established.

  What subsequent cost structure is applicable

Shoe Stores carries a basic black dress shoe for men which sell at a rate of 500 each quarter. Their current policy is to order 500 per quarter, with a fixed cost of $30/order. Annual holding cost is 20% of cost of items held. Subsequent cost stru..

  Determine the utilization of development centers

Pharma Blitz develops and markets new technological products to be used in health care. The development of a new product operates as follows.

  Explain some key principles for making performance appraisal

Describe some key principles for making performance appraisal as effective as possible. 3. What are the five stages/ key principles you should put into action for an effective performance appraisal?

  Determine the standard working time for special job

To determine the standard working time for a special job, following observation data is collected. Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13

  Explain how have changes in technology affected

Explain how have changes in technology affected our access to recorded music also the control exercised by traditional distributors. Explain how will all these changes affect cultural trends also our expectations of music as an art form? Offer sp..

  Elucidate how has dell used its sales also build-to-order

Elucidate how has Dell used its sales also build-to-order model to develop an exceptional supply chain.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd