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

question 92

Multiple Choice

Here 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 $1,200.
• B) Total time is 12 days, total cost is $1,700.
• C) Total time is 11 days, total cost is $1,600.
• D) Total time is 10 days, total cost is $1,750.
• E) Total time is 9 days, total cost is $1,700.

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Definitions:

U.S. GDP

The total market value of all final goods and services produced within the United States during a specific time period.

Farm Outputs

The total variety and quantity of goods produced by farming activities, including crops, livestock, and other agricultural products.

Dairy Margin Protection Program

A federal program in the United States designed to protect dairy producers when the margin between milk prices and feed costs falls below a certain level.

Agricultural Act

Legislation concerning the agricultural sector, typically involving policies on farming, subsidies, crop insurance, and food safety, among other areas.