A Project Consisting of Six Activities Is Shown in the Table.If

question 38

Multiple Choice

A project consisting of six activities is shown in the table.If the project manager decides to operate on a late start schedule,which of these days has the lowest resource requirements? $$\begin{array} { | l | l | l | l | } \hline \text { Activity } & \text { Duration (days) } & \text { Activity Cost } & \text { Predecessor } \\\hline \mathbb { K } & 10 & 140 & \\\hline \mathrm { L } & 8 & 64 & \mathbb { K } , \mathrm { M } \\\hline \mathrm { M } & 12 & 96 & \\\hline \mathbb { N } & 6 & 120 & \mathrm { M } \\\hline \mathbb { P } & 14 & 168 & \mathrm {~L} \\\hline \mathrm { Q } & 12 & 144 & \mathrm {~N} \\\hline\end{array}$$

• A) Day 21
• B) Day 18
• C) Day 24
• D) Day 15

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Definitions:

Moving Average

A calculation to analyze data points by creating averages of different subsets of the complete data set.

Cyclical Movement

Fluctuations in business activity experienced over time, usually tied to economic cycles.

Random Variation

The unpredictable changes in data that do not follow a recognizable pattern, often due to random effects or causes.

Moving Averages

A method used in time series analysis to smooth out short-term fluctuations and highlight long-term trends by averaging data points over specific periods.