Given the critical path below, calculate the following:
(a) The crash cost per unit time savings for each activity.
(b) The maximum total crash time savings and cost.
(c) The maximum total time-savings with a $3000 budget.
Definitions:
Confirming Memo
A written document used to reiterate agreements or transactions that have been verbally made, ensuring both parties share the same understanding.
Delivery Contract
A delivery contract is a legal agreement specifying the terms under which goods are to be transferred from a seller to a buyer.
Common Carrier
A business or agency that is available to the public for transportation of persons, goods, or services under a regulatory or legal obligation.
Delivery Duty
A responsibility assigned for the transportation and delivery of goods, ensuring they reach their destination in the agreed-upon condition and timeframe.
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