Question: 3 Using a triangular distribution formula, calculate this activity's cost estimate based on its three - point estimates: Optimistic = $ 2 , 0 0

3 Using a triangular distribution formula, calculate this activity's cost estimate based on its three-point estimates:
Optimistic =$2,000, Most Likely =$6,000, Pessimistic =$7,000
$5,500
$4,000
$6,000
$5,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Using a triangular distribution formula, calculate this activity's cost estimate based on its three - point estimates: Optimistic = $ 2 , 0 0 0 , Most Likely = $ 6 , 0 0 0 , Pessimistic = $ 7 , 0 0 0...

Q:

Using a triangular distribution formula, calculate the cost estimate based on the following three-point estimates: Optimistic = $2,500, Most Likely = $3,500, Pessimistic = $7,200. A. $4,400 B. $3,950...

Q:

Using a triangular distribution formula, calculate the cost estimate based on the following three-point estimates: Optimistic = $2,500, Most Likely = $3,500, Pessimistic = $7,200. A. $4,400 B. $3,950...

Q:

Using a beta distribution formula, calculate the cost estimate based on the following threepoint estimates: Optimistic = $2,500, Most Likely = $3,500, Pessimistic = $7,200. A. $4,400 B. $3,950 C....

Q:

Using a beta distribution formula, calculate the cost estimate based on the following three point estimates: Optimistic = $ 2 , 5 0 0 , Most Likely = $ 3 , 5 0 0 , Pessimistic = $ 7 , 2 0 0 ....

Q:

Question 13 CH6-Q23: Consider the following three estimates for the duration of activity: Optimistic (O)- 6 weeks, Most likely (tM) - 9 weeks, Pessimistic (P) = 15 weeks Using the triangular...

Q:

Question 1 Which of these statements about this network is BEST? Group of answer choices Activities A and C are serial activities. Activities B and C are serial activities. Activities A and B are...

Q:

PLEASE COMPLETE NO LATER THAN 10/07 @8:00AM Each question(1,2,& 3) must be a minimum of 200 words. Please make answers detailed and knowledgeable based off the attached reading. ARE YOU ABLE TO...

Q:

Please Provide a 2 to 3 page article review for each, there attached on this question. Your discussion should include a brief summary (including the big ideas or major points of the article) along...

Q:

Please see attachment. All three question need to be answered in narrative format. If you have questions, just let me know. Normal requirement for references are 2 outside our course text....

Q:

In "Creating Shared Value," Porter and Kramer argue that "The right kind of government regulation can encourage companies to pursue shared value; the wrong kind works against it and even makes...

Q:

What three questions assist a communicator in the decision to organize a message deductively or inductively?

Q:

Discuss Financial Institutions ( banking and non - banking ) , its types,role and importance.

Q:

Wagner Remodelers Inc. is looking for a new city in which to relocate their home remodeling business. The company employs highly skilled craftspeople who rehabilitate old housing. Most of their...