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

question 81

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. If you crash this project to reduce the total time by one day, what is the total time of the project and total cost?

• A) Total time is 13 days, total cost is $1,500.
• B) Total time is 12 days, total cost is $2,000.
• C) Total time is 12 days, total cost is $2,300.
• D) Total time is 11 days, total cost is $1,850.
• E) Total time is 11 days, total cost is $2,350.

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Definitions:

Payment Of Dividends

The distribution of a portion of a company's earnings to its shareholders, usually in the form of cash or additional shares.

Interest Expense

The expense that an entity has to bear for the money it borrows over a certain duration.

Preferred Stock

A type of stock that offers dividends at a fixed rate and has priority over common stock in the distribution of assets during a company's liquidation.

Statement Of Cash Flows

A report detailing the movements in cash and cash equivalents due to variations in the balance sheet positions and income, segmented by operations, investments, and financing actions.