Which of the following uses "work in progress" to indicate the future of a project?
A) earned value analysis
B) budget at compliance
C) planned value
D) cost variance
A
Business
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With the use of the elemental standard data approach:
A) there is no need to estimate allowances. B) managers can develop standards for new work before production begins. C) time studies are not needed. D) the need to specify job variables that affect times for each work element is eliminated.
Business
The primary application for the hypergeometric probability distribution is in situations where the sampling is done without replacement from a finite population
Indicate whether the statement is true or false
Business