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?
Answer 1:- 1) The probability that a project will be completed by its earliest expected completion date is:
Answer:- D. impossible to determine.
Reason:- The probability of completion is given as (Ts-Te)/?? ?
so we need to find out Ts (scheduled project duration) and The critical path duration which are not given in the question
Answer 2:- Inventory position = on hand inventory +schedule receipts backorders Inventory position
Inventory position = 100+200-100=200
so inventory position is 200 in place of 100 units
so the answer is False
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