Consider the following PERT time estimates: Activity Immediate Predecessors a m b
A 2 5 9
B A 1 6 8
C A 3 5 12
D B 2 4 12
E B, C 4 6 8
F B 6 7 8
G D, E1 2 6
H F, G 4 6 16
a. Draw a network for this project and determine the critical path based on the most likely times by inspection.
b. Assuming that the critical path is the one you identified in part (a), what is the probability that the project will be completed before 28 weeks? Before 32 weeks?
c. Assuming that the critical path is the one you identified in part (a), how many weeks are required to complete the project with probability.95?

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation