Examlex

Solved

Below Are the Data for a Time-Cost CPM Scheduling Analysis

question 86

Multiple Choice

Below are the data for a Time-Cost CPM Scheduling analysis.The time is in days and the costs include both direct and indirect costs.  Immediate  Normal  Crash  Normal  Crash  Activity  Predecessor  Time  Time  Cost  Cost  A  None 32$200$400 B  A 43$300$600 C  A 11$300$300 D  B and C 32$500$550 E  D 21$500$900\begin{array}{|l|l|l|l|l|l|}\hline & \text { Immediate } & \text { Normal } & \text { Crash } & \text { Normal } & \text { Crash } \\\hline \text { Activity } & \text { Predecessor } & \text { Time } & \text { Time } & \text { Cost } & \text { Cost } \\\hline \text { A } & \text { None } & 3 & 2 & \$ 200 & \$ 400 \\\hline \text { B } & \text { A } & 4 & 3 & \$ 300 & \$ 600 \\\hline \text { C } & \text { A } & 1 & 1 & \$ 300 & \$ 300 \\\hline \text { D } & \text { B and C } & 3 & 2 & \$ 500 & \$ 550 \\\hline \text { E } & \text { D } & 2 & 1 & \$ 500 & \$ 900 \\\hline\end{array}
If you crash this project to reduce the total time by four days,what is the total time of the project and total cost?


Definitions:

Borrow

To borrow means to take something from someone for a limited time, intending to return it, often referring to money in financial contexts.

Compounded Semi-Annually

Interest calculation method where interest is added to the principal sum of a deposit or loan twice a year, hence increasing the total amount of interest earned or paid.

Payments

Amounts of money transferred from one party to another as fulfillment of financial or contractual obligations.

Compounded Annually

Interest on an investment that is calculated once a year on the principle plus any previously earned interest.

Related Questions