For an Activity in a CPM Analysis the Early Finish

question 49

Multiple Choice

For an activity in a CPM analysis the Early Finish time is 20 and the Late Finish time is 20.Which of the following statements is true?

• A)The activity's late start must happen before its early start
• B)The activity is on the critical path
• C)The slack for this activity is 20
• D)The duration of this task is zero
• E)The duration of this task is 20

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Definitions:

Break-Even Point

The level of production or sales volume at which total revenues equal total costs, resulting in zero profit or loss.

Contribution Margin Ratio

The ratio of contribution margin to sales revenue, indicating the percentage of each sales dollar available to cover fixed costs and generate profit.

Contribution Margin Ratio

A financial metric that measures how much of a company's revenue is available to cover its variable costs and contribute to its fixed costs.

Margin of Safety Ratio

A financial ratio that measures the difference between actual sales and break-even sales, used to assess a company's financial risk.