Whether We Should Crash an Activity or Not Depends on ______

question 11

Multiple Choice

Whether we should crash an activity or not depends on ______.

• A)crashing costs per day
• B)whether the activity is on a critical path
• C)both A and B
• D)neither A nor B

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Definitions:

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost of those materials.

Attainable Standard

A performance measure based on achievable levels of efficiency and effectiveness under current conditions.

Perfection Standard

An idealistic benchmark for performance or quality that may be impossible to achieve but serves as a high goal.

Operating Standard

A benchmark or set of guidelines used to ensure products or services meet a certain level of quality or efficiency in their production or delivery.