Here Are the Data for a Time-Cost CPM Scheduling Model

question 26

Multiple Choice

Here are the data for a time-cost CPM scheduling model analysis.The time is in days and the costs include both direct and indirect costs.
If you crash this project to reduce the total time by one day, what is the total time of the project and total cost?

• A)Total time is 13 days, total cost is $1,500.
• B)Total time is 12 days, total cost is $2,000.
• C)Total time is 12 days, total cost is $2,300.
• D)Total time is 11 days, total cost is $1,850.
• E)Total time is 11 days, total cost is $2,350.

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Definitions:

Leader's Choice

Refers to the decisions made by a leader that can influence the direction, strategy, or performance of an organization or group.

Influences Behavior

The process by which individuals change or modify their actions based on internal or external factors.

Quantitative Data

Numerically based information that can be measured and analyzed statistically.

Analysis

The process of examining components or structures of a subject in detail to understand it better or make informed decisions.