You are a project manager for the construction of a 16-mile road. The work is uniformly distributed over 12 weeks. The total approved budget for this project is $600,000. At the end of the first 4 weeks of work, $125,000 has been spent and four miles of road have been completed. The Earned Value at the end of week 4 is: a. $125,000 b. $2,400,000 [$600,000 * 4 miles] c. $150,000 [$600,000 * (4 miles/16 miles)] d. $200,000 [$600,000 * (4 weeks/12 weeks)]
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If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.
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Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
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In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse
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The sign at the bank reads, "wait here for the first available teller," suggests the use of a waiting line system.a. multiple server, single phaseb. random server, single phasec. single server, multiphased. multiple server, multiphasee. dynamic server, single phase
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You are a project manager for the construction of a 16-mile road. The work is uniformly distributed...
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