Use the Information in the Table (All Times Are in Days)to

question 46

Multiple Choice

Use the information in the table (all times are in days) to determine the lowest total cost for a 20-day project if the base cost for each activity finished in normal time is $1,000. $$\begin{array} { | l | l | l | l | l | } \hline & \text { Normal } & \text { Minimum } & \text { Crash Cost } & \\ \text { Activity } & \text { Time } & \text { Time } & \text { (\$/day) } & \text { Predecessor } \\\hline \text { A } & 10 & 6 & \$ 70 & - \\\hline \text { B } & 6 & 3 & \$ 40 & - \\\hline \text { C } & 2 & 2 & - & \text { B } \\\hline \text { D } & 4 & 2 & \$ 60 & \text { C } \\\hline \text { E } & 6 & 4 & \$ 80 & \text { A } \\\hline \text { F } & 8 & 5 & \$ 90 & \text { D, E } \\\hline\end{array}$$

• A) $6,280
• B) $6,390
• C) $6,530
• D) $6,740

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Definitions:

Market Segments

Refers to subgroups within a general market that share similar characteristics, preferences, and needs, allowing companies to tailor their products and marketing efforts.

Washburn Guitars

A renowned manufacturer of stringed instruments, including electric, acoustic guitars, and basses, known for quality and craftsmanship.

Price Points

Specific prices at which goods or services are marketed to cater to different segments of consumers or to trigger purchase decisions.

Market Segments

Distinct groups within a broader market that have shared characteristics, needs, or preferences, targeted differently by marketers.