Question: Three cost estimates were $ 9 , 0 0 0 . 0 0 , $ 4 , 0 0 0 . 0 0 , and

Three cost estimates were $9,000.00, $4,000.00, and $15,000.00, not given in any order. What is the PERT? (Hint: optimistic is whatever the smallest estimate is, pessimistic is the largest number, and the third number is most likely) Pick closest answer

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:

From the annual 2 0 1 9 report of Cool Coupons, Inc. : Note: Use negative signs with your answers, when appropriate. Note: Select " N / A " as your answer if a part of the accounting equation is not...

Q:

Car, Home, Retirement: What s My Plan? Looking at her schedule, Jocelyn realized that she only had a few hours before her first meeting with her financial advisor. She had started her first job in...

Q:

1. (20 pts) You would like to compute the book depreciation of an asset with a cost basis of $600,000, a salvage value of $100,000, and a service life of 6 years. You will begin with double-declining...

Q:

Bronx Machinery Inc. is a job shop. The management of Bronx Machinery uses the cost information from the job sheets to assess their cost performance. Information on the total cost, product type, and...

Q:

The All-You-Can-Eat Option The restaurant offers Raphael the choice of paying $18 to enter for an "All-You-Can-Eat" buffet, where each slice is then $0. Slice Marginal Benefit |Marginal Cost |Total...

Q:

Required information [The following information applies to the questions displayed below.] On January 1, Mitzu Company pays a lump-sum amount of $2,650,000 for land, Building 1, Building 2, and Land...

Q:

Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor - hours. Data for the two products...

Q:

ANALYZE CASE A To help you to answer each question, prepare a contribution format income statement table with columns for the contribution margin per unit and the contribution ratio, as explained in...

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:

Name: PMAN 635 9041 Final Exam Please do any ten of the following questions. If you do all twelve, I will credit you for the best ten. Each question you do will be worth ten percent of your final...

Q:

The primary benefit of diversification is that it O a. is convenient. b. increases stock volatility. c. is cheap O d. reduces the exposure of your investments to adverse effects of any individual...

Q:

Explain the difference between a bibliographic card and an evidence card.

Q:

The agent must maintain separate accounts for the principles funds, and for the agents, personal funds, but may intermingle these accounts

Q:

Financial Statements of a Manufacturing Firm The following events took place for Sorensen Manufacturing Company during January, the first month of its operations as a producer of digital video...