the same​ project, all with different durations. B. The critical path is the one with the most activities on it. C. The early finish of an activity is the latest early start of all preceding activities. D. The late start of an activity

Decide the best choice. a. The inndividual waiting times experienced by customers in a busy breakfast cafe would be an example of a deterministic process because several customers are waiting to be seated. b. Informmation Systems and Informmation Technology are identical and synonyms that mean the exact same thing. c. In 2019, both manuffacturing and service sectors employed roughly the same percentage of the labor force in USA. d. Today, services constitute a large percentage (e.g., more than 60%) of the U.S. economy. e. Both choices ‘a’ and ‘b’ are correct.

Identify the false statement. a. The productivity increases in manufacturing sector in the USA during the industrial era can be attributed to automation, technology advances, and business process reengineering (BPR). b. In a single-queue, single-server queuing system, if the value of Mu (µ) exceeds the value of lambda (λ), then no queue will form. c. For a single-queue, single-server queuing system, the value of lambda (λ) may exceed that of Mu (µ). d. The SERVQUAL model can be used to assess customer satisfaction based on service quality gaps.

3. The company that you manage has already spent $8 million on developing a new product – awebsite that combines You Tube, Twitter, and Facebook – called You Twit Face. Thedevelopment is not quite finished. It will cost an extra $2 million to finish development andcomplete the product. Assume that this $2 million amount includes the explicit costs and anyopportunity cost that the company may have. At a recent meeting, your salespeople report thatthe expected sales of your new product (if you finish) are $6 million total. If you do not finishdeveloping the product you can sell the incomplete product to another company for $2 million. What is the MC of finishing the development? __________________ What is the MB of finishing the development? __________________ Should you finish the product? Why or why not? Use the idea of “thinking at the margin” toexplain your answer.  Need details explanation

Which delivery system would you choose for each of the following 5 scenarios (AND WHY), if the item listed was the main driver or characteristic of the project?    a. SPEED: A pharmaceutical company needs to get their product out to the market quick. They must complete their production facility project fast.   b. COMPLEX: This project is extremely intricate and requires installation of precise instruments and equipment and has very tight construction tolerances.   c. COST: There is no way to find more money, you must control the cost.   d. INEXPERIENCED OWNER: This owner is a group of doctors who want to build an office complex. This is their first project and possibly their last. Additionally, they’re not really sure the exact scope of the project at first.   e. EXPERIENCED, “HANDS-ON” OWNER: This owner is Walmart. They have built countless stores around the world. They have in-house engineering capability and are extremely familiar with the construction process.