PLEASE INDICATE CORRECT ANSWER ONLY!
1) The probability that a project will be completed by its earliest expected completion date is:
A. 50 percent.
B. 95 percent.
C. 100 percent.
D. impossible to determine.
2) If on?handinventory? = 100? units, scheduled receipts? = 200 units and backorders? = 100? units, the Inventory Position? (IP) is 100 units.
True or False?
1. Ans: impossible to determine
Explanation:
Because project completion date data is not given in the question.
2. Ans: False
Explanation:
Inventory position = on?handinventory + scheduled receipts - backorders
= 100 + 200 - 100
= 200
Thus, the statement is false.
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