The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic

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Question
The probabilistic time is given by (where t_o = Optimistic time, t_p = Pessimistic time, and t_n = Most likely time)
Options
A.
B.
C.
D.

Correct Answer

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2. In break even analysis, total cost consists of
Options
A. fixed cost + sales revenue
B. variable cost + sales revenue
C. fixed cost + variable cost
D. fixed cost + variable cost + profit

4. Which of the following are the guidelines for the construction of a network diagram?
Options
A. Each activity is represented by one and only one arrow in the network.
B. Dangling must be avoided in a network diagram.
C. Dummy activity consumes no time or resource.
D. all of the above

5. String diagram is used
Options
A. for checking the relative values of various layouts
B. when a group of workers are working at a place
C. where processes require the operator to be moved from one work place to another
D. all of the above

8. When slack of an activity is negative
Options
A. it represents a situation where extra resources are available and the completion of project is not delayed
B. it represents that a programme falls behind schedule and additional resources are required to complete the project in time
C. the activity is critical and any delay in its performance will delay the completion of whole project
D. all of the above

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