Industrial Engineering and Production Management
Pessimistic time is

The average time required for a job
The most probable time considering all conditions
The maximum time which an activity might require
The minimum time in which an activity can possibly be accomplished

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Industrial Engineering and Production Management
The correct sequence of phases in value engineering is

Information phase, creative phase, investigation phase, evaluation phase
Creative phase, information phase, investigation phase, evaluation phase
Creative phase, investigation phase, evaluation phase, information phase
Investigation phase, information phase, creative phase, evaluation phase

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