Below Are the Data for a Time-Cost CPM Scheduling Model

question 8

Multiple Choice

Below are the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the costs include both direct and indirect costs. What are the total time of this project and total normal cost?

• A)Total time is 13 days, total cost is $1200
• B)Total time is 12 days, total cost is $1700
• C)Total time is 11 days, total cost is $1600
• D)Total time is 10 days, total cost is $1750
• E)Total time is 9 days, total cost is $1700

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Definitions:

Behavior

The actions or reactions of an individual in response to external or internal stimuli.

Postdecisional Dissonance

Postdecisional dissonance is the psychological discomfort experienced after making a difficult choice, often leading individuals to justify their decision or devalue the rejected alternatives to reduce the dissonance.

Selective Exposure

The tendency of individuals to favor information that reinforces their pre-existing views while avoiding contradictory information.

Regret

A feeling of sadness, repentance, or disappointment over something that has happened or been done.