Question: What is the difference between estimated time and actual time? Select ALL that apply. Estimated Time is a total guess with no logic Actual Time

What is the difference between "estimated time" and "actual time"? Select ALL that apply.
"Estimated Time" is a total guess with no logic
"Actual Time" is a false concept
"Estimated Time" is best captured through predictive analytics
"Actual Time" is descriptive analytics

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:

6 | Consumer Choices Figure 6.1 Investment Choices Higher education is generally viewed as a good investment, if one can afford it, regardless of the state of the economy. (Credit: modification of...

Q:

Save and Submit 1. QUESTION 1 Which of the following items must be included in a Project Charter? A. Names of all of the team members who will work on the project. B. The impact of business cycles on...

Q:

It is the post-apocalyptic era, and hardship and depression run rampant. You are currently at the bottom of a staircase in the basement of an abandoned building looking at what is pure...

Q:

This assignment is very urgent! Be as Accurate as possible providing explanations to each answer. Chapter 1 1.Managerial Accounting and Financial Accounting differ in the following way: A. Financial...

Q:

I need help with following questions from the homework. I have attached the chapters so please see the attached files to answer the following questions specifically. Ch 4 (p 176 of text or p 34 of...

Q:

Dr Jatta Lu has hired your professional services to file her income tax return Dr Luis a retired surgeon Due to her failing eyesight, Jette was required to retire from her occupation at a younger age...

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:

Thank you for assisting me throughout this course. please contact with any questionsagain thank you Mid-term (Chapters 3-4) 1. During the month of April, direct labor cost totaled $15,000 and direct...

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:

1. The organizational objectives of a company typically focus on its long range intentions for operating and its overall business philosophy that can provide useful guidance for employees seeking to...

Q:

Analyze some problem you have experienced. Write a description of the problem, but don't use real names of people or organizations. Then develop a flowchart diagram for this situation?

Q:

A company manufactures five- volt power supplies. However, since there are manufacturing tolerances, there are variations in the voltage design. The standard deviation in the design voltage is 5%....

Q:

Which of the following methods of gloving is appropriate for placemest of a wrisary catheter as part of skie prep? closed gloving ope ploving double gloving usaterile gloving

Q:

A particle is moving in three dimensions and its position vector is given by; r(t) = (4, 4t + 2, 3t)i + (4, 5t - 2, 3)2 + (3, 3t + 3, 1t)k where r is in meters and t is in seconds. Determine the...