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1. An activity on a PERT network has these time estimates: optimistic = 2, most likely = 3, and pessimistic = 8. What is its variance?

2. An activity on a PERT network has these time estimates: optimistic = 4 days, most likely = 7 days, and pessimistic = 13 days. What is its variance in square days?

3. Explain the relationship between information management (IM) and knowledge management (KM)

(use the literature and write a 5 pages report)

Operation Management, Management Studies

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