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The network below represents a project being analyzed by Critical Path Methods. Activity durations are A=5, B=2, C=12, D=3, E=5, F=1, G=7, H=2, I=10, and J=6. a. What task must be on the critical path, regardless of activity durations?
b. What is the duration of path A-B-E-H-J?
c. What is the critical path of this network?
d. What is the length of the critical path?
e. What is slack time at activity H?
f. What is the Late Finish of activity H?
g. If activity C were delayed by two time units, what would happen to the project duration?
Machine Hours
A measure of the total time that machinery is in use, often utilized as a basis for allocating factory overhead costs to products.
Machine Set-Ups
Machine Set-Ups refer to the preparatory tasks and adjustments made to production equipment before a new production run, aimed at ensuring operational efficiency and quality.
Activity Based Costing
Refers to a detailed approach to understanding the cost associated with specific business activities, aiding in more precise cost management.
Allocation Rate
A rate used to distribute overhead or other costs across various departments, products, or activities based on a specific criteria.
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