Construction Planning and Management
A tractor shovel has a purchase price of Rs. 4.7 lacs and could save the organization an amount of rupees one lac per year on operating costs. The salvage value after the amortization period is 10% of the purchase price. The capital recovery period will be

4.23 years
7.87 years
3.7 years
5 years

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Construction Planning and Management
If the optimistic time, most likely time and pessimistic time for activity A are 4, 6 and 8 respectively and for activity B are 5, 5.5 and 9 respectively, then

expected time of activity A is greater than the expected time of activity B
expected time of both activities A and B are same
None of these
expected time of activity B is greater than the expected time of activity A

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