A Project Has the Precedence Requirements and Activity Durations Shown

question 26

Multiple Choice

A project has the precedence requirements and activity durations shown in the table. After he draws the network, the project manager decides that activities E and F can be represented by a hammock activity. What are the duration and the early start time associated with this hammock activity?

• A) 13, 36
• B) 7, 0
• C) 13, 7
• D) 7, 14

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Definitions:

Direct Materials

Direct materials are the raw materials that can be directly traced to the production of goods.

Variable Overhead

Expenses that fluctuate with production volume, including costs like utilities and indirect labor, that are not directly tied to specific units of production.

Absorption Costing

A costing technique that incorporates every element of manufacturing expenditure, such as direct materials, direct labor, along with variable and fixed manufacturing overheads, into the pricing of a product.

Product Unit Cost

The total cost associated with producing a single unit of a product, including direct and indirect costs.