APPLIED DECISION METHODS GBA 334-Final Exam-Saint Leo University-2021-A+Graded

APPLIED DECISION METHODS GBA 334-Final Exam-Saint Leo University-2021.PERT: assumes that we do not know ahead of time what activities must be completed. assumes that activity time estimates follow the normal probability distribution. None of the above is correct. is a deterministic network technique that allows for project crashing. is a network technique that uses three tim'e estimates for each activity in a project.'The critical path of a network is the: longest time path through the network. path with the fewest activities. path with the most activities. none of the above. shortest time path through the networkGiven an activity's optimistic, most likely, and pessimistic time estimates of 4, 12, and 18 days respectively, what is the PERT variance for this activity? 5.44 2.33 8.00 64.00 None of the aboveA technique that allows a researcher to determine the greatest amount of material that can move through a network is called __________. maximal-spanning maximal-tree shortest-route maximal-flowIn the maximal-flow technique, a zero (0) means no flow or a one-way arc. True False Question 6 2 / 2 points The table above provides information about a transportation problem. This problem is __________7 0 / 2 points Bank Boston has a branch at Bryant College. The branch is busiest at the beginning of the college year when freshmen and transfer students open accounts. This year, freshmen arrived at the office at a rate of 40 per day (assume 8-hour days). On average, it takes the Bank Boston staff person about ten minutes to process each account application. The bank is considering having one or two tellers. Each teller is paid $12 per hour and the cost of waiting in line is assumed to be $8 per hour. What is the average number of people waiting to open accounts?