Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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The expected number of days to completion for a different project is | E(x) = | 3.32 |
The variance of days to completion is | var(x) = | 1.22 |
The project cost involves |
A fixed cost (in thousands of dollars) of | FC = | $83.783 |
A variable cost for each day taken to complete the project ($000) | VC = | $9.774 |
14 | The expected value of the project cost is $_______ thousand. | ||||
a | 109.364 | ||||
b | 112.746 | ||||
c | 116.233 | ||||
d | 119.828 |
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