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Bill Fennema, president of Fennema Hospitality, has developed the tasks, durations, and predecessor relationships in the following table for building new motels. Draw the AON network and answer the questions that follow.
a) What is the expected time for activity C?
b) What is the variance for activity C?
c) Based on the calculation of estimated times, what is the critical path?
d) What is the estimated time of the critical path?
e) What is the activity variance along the critical path? f) What is the probability of completion of the project before week 36?
Suppose a monopolist faces demand of Q = 300 – 2P and has a total cost curve of TC = 75Q + Q2. What is the firm’s marginal revenue? What is the firm’s marginal cost?
explain the difference between a positive and negative externality. in your analysis make sure to provide an example of
If both the agency and the board are right about demand and supply, what is the free-market price? What is the change in city population if the agency sets a maximum average monthly rent of $100 and all those who cannot find an apartment leave the ci..
three friends are choosing a restaurant for dinner. here are their preferences rachel ross joey1st
Imagine that you are an executive for XYZ, Inc., a high-end retail chain that sells luxury watches, jewelry, and hand bags. You've just been put in charge of the company's first international expansion, opening a store in Shanghai, China.
we saw that exports from china have effectively lowered relative wages for unskilled and semi-skilled workers in
discuss the market system and the need for ethics in business and distinguish it from the law and concepts of virtue
a perform time series decomposition on your project y variable excluding the hold out period. show me the smoothed
Give the decrease or increase of each condition of money supply
consider a bertrand oligopoly consisting of four firms that produce an identical product at a marginal cost of 260. the
Write down any set of numbers. Calculate thier mean, and then the average deviation from the mean. c) Prov that, for every possible sample of n observations, the average deviation from the mean is exactly zero. Is this also true for deviations fro..
Antitrust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of the two rival firms in the same market will increase market power.
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