A Project Consists of Six Activities (All Times Are Given

question 94

Essay

A project consists of six activities (all times are given in days).Provide the range of days during which resource usage is highest and the range of days during which resource usage is lowest using an early start schedule.
$\begin{array}{|l|l|l|l|}\hline \text { Activity } & \text { Duration (days) } & \text { Activity Cost } & \text { Predecessor } \\\hline\mathrm{K} & 10 & 140 & \\\hline\mathrm{L} & 8 & 64 & \mathrm{K}, \mathrm{M} \\\hline \mathrm{M} & 12 & 96 & \\\hline \mathrm{N} & 6 & 120 &\mathrm{M} \\\hline \mathrm{P} & 14 & 168 & \mathrm{L} \\\hline\mathrm{Q} & 12 & 144 & \mathrm{N} \\\hline \end{array}$

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Definitions:

Residual Value

The estimated value of an asset at the end of its useful life.

Present Value

Present value is a financial concept that calculates the current worth of a future sum of money or stream of cash flows, given a specific rate of return.

Cash Inflows

The total amount of money received by a company from its operational activities, investments, and financing.

Manufacturing Productivity

The efficiency with which goods are produced, typically measured by the ratio of output to input in the manufacturing process.