Which of the Following Statements Best Describes "Crash Cost

question 9

Multiple Choice

Which of the following statements best describes "crash cost"?

• A)Estimated cost to reduce a project task duration by one time unit.
• B)Estimated cost to reduce a project duration by one time unit.
• C)Estimated cost to reduce the project schedule by one time unit.
• D)Actual cost to reduce a project duration by one time unit.
• E)Actual cost to change a project schedule.

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Definitions:

Outside Supplier

An external entity that provides goods or services to a company, not part of the company’s own operations.

Idle Capacity

The portion of a manufacturing or service facility's resources that is not currently being utilized to its full potential.

Transfer Price

The price one subunit of a company charges for a product or service supplied to another subunit of the same organization.

Connector Division

A specialized department within a company focused on the production or distribution of connector components for various applications.