An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if the interest rate is 8% per annum and if the sinking fund factor at 8% per annum interest rate for 10 years is 0.069?

The normal time required for the completion of project in the above problem is

A. 9 days

B. 13 days

C. 14 days

D. 19 days

If t_o, t_p and t_m are the optimistic, pessimistic and most likely time estimates of an activity respectively, the expected time t of the activity will be

A. $$\frac{{{{\text{t}}_{\text{o}}} + 3{{\text{t}}_{\text{m}}} + {{\text{t}}_{\text{p}}}}}{2}$$

B. $$\frac{{{{\text{t}}_{\text{o}}} + 3{{\text{t}}_{\text{m}}} + {{\text{t}}_{\text{p}}}}}{3}$$

C. $$\frac{{{{\text{t}}_{\text{o}}} + 4{{\text{t}}_{\text{m}}} + {{\text{t}}_{\text{p}}}}}{4}$$

D. $$\frac{{{{\text{t}}_{\text{o}}} + 4{{\text{t}}_{\text{m}}} + {{\text{t}}_{\text{p}}}}}{5}$$

E. $$\frac{{{{\text{t}}_{\text{o}}} + 4{{\text{t}}_{\text{m}}} + {{\text{t}}_{\text{p}}}}}{6}$$

A construction schedule is prepared after collecting

A. Number of operations

B. Output of labour

C. Output of machinery

D. All the above

If an activity has its optimistic, most likely and pessimistic times as 2, 3 and 7 respectively, then its expected time and variance are respectively

A. 3.5 and $$\frac{5}{6}$$

B. 5 and $$\frac{{25}}{{36}}$$

C. 3.5 and $$\frac{{25}}{{36}}$$

D. 4 and $$\frac{5}{6}$$