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

question 7

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 below. $\begin{array}{|l|l|l|l|l|l|}\hline & \text { Immediate } & \text { Normal } & \text { Crash } & \text { Normal } & \text { Crash } \\\hline \text { Activity } & \text { Predecessor } & \text { Time } & \text { Time } & \text { Cost (Direct) } & \text { Cost (Direct) } \\\hline \text { A } & \text { None } & 3 & 2 & \$ 300 & \$ 400 \\\hline \text { B } & \text { A } & 3 & 3 & \$ 100 & \$ 100 \\\hline \text { C } & \text { A } & 1 & 1 & \$ 200 & \$ 200 \\\hline \text { D } & \text { B and C } & 3 & 2 & \$ 400 & \$ 550 \\\hline \text { E } & \text { D } & 2 & 1 & \$ 500 & \$ 900 \\\hline \text { F } & \text { E } & 3 & 3 & \$ 200 & \$ 200 \\\hline \text { G } & \text { F } & 2 & 2 & \$ 100 & \$ 100 \\\hline\end{array}$
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.If you crash this project by one day what is the total (i.e. ,direct and indirect) project cost?

• A)$2,150
• B)$2,300
• C)$2,400
• D)$2,450
• E)$2,500

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Definitions:

Buyer's Obligation

A purchaser's duty to pay the agreed price for goods or services and to comply with the terms of the contract of purchase.

Credit Sale

A transaction where goods or services are provided in exchange for a promise to pay at a later date.

Notify Seller

The act of informing the seller about a relevant event, decision, or action, often as required by the terms of a contract or agreement.

Defective Goods

refers to products that are flawed and do not meet the quality or safety standards expected, potentially causing harm or not performing as intended.