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An Activity Performed by a Subcontractor Is Scheduled for 20

question 55

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An activity performed by a subcontractor is scheduled for 20 weeks at an anticipated cost of $100,000.Due to slippage on the critical path you need to reduce this activity by three weeks.If the subcontractor informs you that the activity can be completed in 16 weeks for $200,000,what is the slope for the activity?

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Definitions:

Labour Forecasting

The process of estimating the future demand for and supply of labor, helping organizations plan their workforce requirements.

Establishing Costs

Establishing Costs involves determining the expenses associated with the production, operation, or provision of a service.

Scheduling

The process of arranging, controlling, and optimizing work and workloads in a production process or manufacturing process.

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