Question: 1a.Following are the three time estimates for a task in a project: optimistic completion time = two weeks most likely completion time = four weeks
1a.Following are the three time estimates for a task in a project:
optimistic completion time = two weeks
most likely completion time = four weeks
pessimistic completion time = seven weeks
Compute the expected time for the task.
a.4.167 weeks
b.5.23 weeks
c.5.75 weeks
d.3.5 weeks
1b.Which of the following suppliers is not a prime candidate to be chosen as part of the supplier development process?
a.Perfectly meets the firm's current needs in terms of quality, delivery and capacity
b.Provides a large volume of products
c.Provides products that are critical
d.Is a source of competitive advantage
1c.

An automotive manufacturer procures an important engine part. The tool that the manufacturer uses to monitor the part supplier is a supplier scorecard. With respect to part quality, two primary performance metrics monitored are parts per million (PPM) defects and percent PPM improvement. The following measures are used for the scoring criteria: Data collected on the supplied part over the present quarter indicated 15 defects with 325,000 parts received. The PPM defect rate in the prior quarter was 73. What is the PPM defect rate for this quarter? 15 75 46 30
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