You Have Collected the Data for a Time-Cost CPM Scheduling

question 23

Multiple Choice

You have collected the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the project "direct costs" are given below. The indirect costs for the project are determined on a daily duration basis.If the project lasts 16 days the total indirect costs are $400, 15 days they will be $250, 14 days they will be $200, and 13 days they will be
$100.At what day do we achieve the lowest total project cost (i.e., direct plus indirect costs) ?

• A)16 days
• B)15 days
• C)14 days
• D)13 days
• E)12 days

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Definitions:

Dividends

A corporation allocates a segment of its profits to its shareholders in the form of payments, distributing its earnings among them.

Millions

A numerical value representing one million units of a given item or currency, often used to describe large quantities or financial figures.

Current Assets

Holdings that are likely to be transformed into cash, merchandised, or expended either within the span of one year or throughout the standard operating period of the enterprise, should that exceed one year.

Accounts Receivables

Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.