You Have Collected the Data for a Time-Cost CPM Scheduling

question 68

Multiple Choice

You have collected the data for a time-cost CPM scheduling model analysis.The time is in days and the project "direct costs" are given here.
The indirect costs for the project are determined on a daily duration basis.If the project lasts 16 days, the total indirect costs are $400; 15 days, they will be $250; 14 days, they will be $200; and 13 days, they will be $100.At what day do we achieve the lowest?
Total project cost (i.e., direct plus indirect costs) ?

• A)16 days
• B)15 days
• C)14 days
• D)13 days
• E)12 days

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Definitions:

Confederate

An individual in a study who is secretly working with the researchers, often used in psychological experiments to manipulate social interactions without the other participants’ knowledge.

Authority Figure

An individual who holds power or influence over others, often in a hierarchical organization or society.

Stanley Milgram

A psychologist best known for his landmark experiment on obedience to authority figures, conducted in the 1960s, demonstrating how ordinary people can commit unthinkable actions under pressure.

Obedience Study

A series of experiments that demonstrate the extent to which individuals will follow orders from an authority figure, even when such orders result in harm to others, most famously illustrated by Stanley Milgram's experiments.