A Project Has the Activity Duration and Cost Information Indicated

question 85

Multiple Choice

A project has the activity duration and cost information indicated in the table where all times are in weeks.There is a penalty of $4,000 per week for every week the project exceeds 37 weeks.What is the lowest total cost for completing this project? $\begin{array}{|l|l|l|l|l|l|}\hline \text { Activity } & \text { Predecessor } & \begin{array}{l}\text { Normal } \\\text { Time }\end{array} & \begin{array}{l}\text { Normal } \\\text { Cost }\end{array} & \text { Crash Time } & \text { Crash Cost } \\\hline \text { A } & -- & 8 & \$ 12,000 & 5 & \$ 22,000 \\\hline \mathrm{B} & \text { A } & 12 & \$ 18,000 & 9 & \$ 32,000 \\\hline \text { C } & \text { A } & 15 & \$ 22,000 & 9 & \$ 62,000 \\\hline \mathrm{D} & \mathrm{B} & 3 & \$ 9,000 & 2& \$ 18,000 \\\hline \mathbf{E} & \text { C } & 9 & \$ 15,000 & 5 & \$ 35,000 \\\hline \mathrm{F} & \mathrm{E} & 7 & \$ 5,000 & 5 & \$ 8,000 \\\hline \mathrm{G} & \mathrm{D} & 8 & \$ 13,000 & 6 & \$ 23,000 \\\hline \mathrm{H} & \mathrm{A} & 12 & \$ 20,000 & 8 & \$ 32,000 \\\hline \mathrm{J} & \mathrm{H} & 6 & \$ 45,000 & 4 & \$ 56,000 \\\hline\end{array}$

• A)$172,000
• B)$184,000
• C)$187,000
• D)$192,500

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Definitions:

Neo-Freudians

Psychologists who accepted Freud's basic ideas but modified them to include social and cultural factors.

Expectancies

Beliefs or anticipations about the outcome of certain actions, often influencing behavior and decision-making.

Self-Regulatory Systems

Mechanisms or processes within individuals that help manage their thoughts, emotions, and behaviors in pursuit of long-term goals.

Subjective Values

Preferences or beliefs that are based on individual experiences, feelings, or opinions rather than objective measures.