Question: 1) 2) Question 6 (2 points) You have a project with uncertain finish times. You determine the expected completion time for the critical path is

1) 1) 2) Question 6 (2 points) You have a project
2)
1) 2) Question 6 (2 points) You have a project
Question 6 (2 points) You have a project with uncertain finish times. You determine the expected completion time for the critical path is 17 weeks. The probability that the project will be done in 19 weeks is: 1) Greater than 0.5 O2) Less than 0.5 3) Impossible to say without knowing the variance 4) Impossible to say without knowing the critical path. 5) Both 3 and 4 You are charged with assessing the continuous review inventory policy for your company for a specific product. The current order quantity is 400 units per order. You determine that the optimal order quantity is 500. Which of the following statements is true? 1) There is not enough information to determine if any of the statements are true O2) Your current annual holding costs are lower than your annual ordering costs 3) Your acquisition price is too high 4) Your safety stock is too high 5) Your reorder point is too large

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