Question

PLEASE INDICATE CORRECT ANSWER ONLY! 1) The probability that a project will be completed by its...

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?

Homework Answers

Answer #1

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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