The expected number of days to completion for a different project is E(x) = 3.32 The variance of days to completion is var(x) = 1.22 The project cost involves A fixed cost (in thousands of dollars) of FC = $83.783 A variable cost for each day taken to complete the project ($000) VC = $9.774 14 The expected value of the project cost is $_______ thousand. a 109.364 b 112.746 c 116.233 d 119.828
The expected number of days to completion for a different project is E(x) = 3.32 The variance of days to completion is var(x) = 1.22 The project cost involves A fixed cost (in thousands of dollars) of FC = $83.783 A variable cost for each day taken to complete the project ($000) VC = $9.774 14 The expected value of the project cost is $_______ thousand. a 109.364 b 112.746 c 116.233 d 119.828
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The expected number of days to completion for a different project is | E(x) = | 3.32 |
The variance of days to completion is | var(x) = | 1.22 |
The project cost involves |
A fixed cost (in thousands of dollars) of | FC = | $83.783 |
A variable cost for each day taken to complete the project ($000) | VC = | $9.774 |
14 | The expected value of the project cost is $_______ thousand. | ||||
a | 109.364 | ||||
b | 112.746 | ||||
c | 116.233 | ||||
d | 119.828 |
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