A Project Has the Activity Duration and Cost Information Indicated

question 89

Multiple Choice

A project has the activity duration and cost information indicated in the table where all times are in weeks.What is the total cost for completing this project in 40 days? $\begin{array}{l|l|l|l|l|l} & & \text { Normal } & \text { Normal } & \\\text { Activity } & \text { Predecessor } & \text { Time } & \text { Cost } & \text { Crash Time } & \text { Crash Cost } \\\hline \mathbf{A} & -- & 3 & \$ 12,000 & 5 & \$ 22,000 \\\hline \mathrm{B} & \mathrm{A} & 12 & \$ 18,000 & 9 & \$ 32,000 \\\hline \mathrm{C} & \mathrm{A} & 15 & \$ 22,000 & 9 & \$ 62,000 \\\hline \mathrm{D} & \mathrm{B} & 3 & \$ 9,000 & 2 & \$ 18,000 \\\hline \mathbb{E} & \mathrm{C} & 9 & \$ 15,000 & 5 & \$ 35,000 \\\hline \mathrm{F} & \mathbb{E} & 7 & \$ 5,000 & 5 & \$ 8,000 \\\hline \mathrm{G} & \mathrm{D} & 3 & \$ 13,000 & 6 & \$ 23,000 \\\hline \mathbb{H} & \mathrm{A} & 12 & \$ 20,000 & 8 & \$ 32,000 \\\hline \mathrm{T} & \mathbb{H} & 6 & \$ 45,000 & 4 & \$ 56,000 \\\hline\end{array}$

• A) $172,000
• B) $218,000
• C) $192,000
• D) $159,000

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Definitions:

Persons

Refers to human individuals or beings.

Tit-For-Tat

A strategy in game theory where a player replicates an opponent's actions, commonly used in the context of cooperative and retaliatory behaviors.

Prisoner's Dilemma

A fundamental problem in game theory showing that two individuals acting in their own self-interest do not produce the optimal outcome.

Game Theory

A branch of mathematics and economics that studies the strategic interaction among rational decision-makers, using models to predict outcomes in competitive situations.