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Table 11-8 a Mad Scientist Has Identified the Ten Steps Required to Required

question 3

Multiple Choice

Table 11-8
A mad scientist has identified the ten steps required to create a race of atomic supermen to complete his plans for world conquest.The estimated time in weeks and cost in US dollars appear in the table along with the shortest possible duration for each activity and cost of those expedited activities.Activities are designated generically as A, B, and so on in order to avoid any copycat projects of this nature.

-Consider the project summarized in Table 11-8.Suppose in addition to the costs shown in the table, the mad scientist faces a $2,000 per week opportunity cost of not being in control of the world.Which of these activities should not be reduced in an effort to deliver a minimum cost (both project and opportunity cost) project?

Definitions:

Wages Payable

Liabilities owed to employees for work performed that have not yet been paid.

Cash Flow

The net amount of cash being transferred into and out of a business, reflecting the organization's liquidity.

Operating Activities

Transactions and events that affect the net income of a business, involving its primary ongoing operations.

Cash Flow

The total amount of money being transferred into and out of a business, especially as affecting liquidity.