Use the Project Described in the Table to Determine the Total

question 97

Multiple Choice

Use the project described in the table to determine the total resources required for this project if a worker is expected to devote half-time (four hours per day) to this project. $$\begin{array} { | l | l | l | } \hline \text { Activity } & \text { Duration } & \text { Predecessor } \\\hline A & 5 \text { days } & - - \\\hline B & 4 \text { days } & \text { A } \\\hline \text { C } & 5 \text { days } & \text { A } \\\hline \text { D } & 6 \text { days } & B \\\hline E & 6 \text { days } & \text { C, D } \\\hline \mathbb { F } & 6 \text { days } & \text { E } \\\hline\end{array}$$

• A) 36 hours
• B) 40 hours
• C) 64 hours
• D) 128 hours

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Definitions:

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a set timeframe.

Swap Contract

A financial agreement between two parties to exchange sequences of cash flows for a set period according to specified terms.

Option Contract

A contract that gives the holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specific time period.

Option Contract

A contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specified date.