The Next Three Questions Are Related to the Project Schedule

question 12

Multiple Choice

The next three questions are related to the project schedule shown below, which has been adjusted to accommodate resource constraints.


-Given the way the schedule shown above is currently planned, what sequence of activities comprises the critical chain? Dashed lines = float.)

• A) A-B-C-F-H-J
• B) A-B-D-J
• C) A-B-D-G-I-J
• D) A-B-C-G-I-J
• E) ABEGIJ
• F) A-E-J

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Definitions:

Market Period

An extremely short duration in which the supply of a good is fixed, unable to adjust to changes in demand, typically because the period is so brief.

Productive Capacity

The maximum output a firm or economy can produce when using all available resources efficiently.

Calculate Elasticity

The process of assessing how the quantity demanded or supplied of a good changes in response to changes in its price or other factors.

Unit Elastic

Describes a demand or supply situation where a change in price leads to a proportional change in the quantity demanded or supplied.