The Network Below Represents a Project Being Analyzed by the Critical

question 99

Essay

The network below represents a project being analyzed by the critical path method.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?

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Definitions:

Consumer Sovereignty

The idea that consumers' preferences and choices dictate the types and quantities of goods and services produced by an economy.

Producer Decisions

The selections made by firms regarding the production of goods or services, including what, how, and for whom to produce.

Consumer Demands

The desire, willingness, and ability of consumers to purchase goods and services at various price levels.

Market System

A market mechanism where the allocation of resources for investment, production, and distribution is driven by the forces of supply and demand, with the pricing of goods and services set freely within the market.