Crashing Costs for a Project Are Governed by the Function

question 45

Essay

Crashing costs for a project are governed by the function:
50t² + 100t
where t represents the number of days crashed (see graph).The project manager wants to crash the project,and is willing to pay up to $1,000 per day saved.How many days can be saved before the per-day cost is too high?

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Definitions:

Distribution

The process of making a product or service available for the consumer or business user who needs it, including storage, transportation, and delivery.

Place

In marketing, one of the four P's, referring to the distribution or location strategy for making a product or service available to consumers.

Basic Necessities

fundamental needs required for sustaining human life, including food, water, shelter, and clothing.

Deprived

refers to a lack of the necessary resources, rights, goods or capabilities which are considered normal or sufficient by the society in which an individual, group or area lives.