Given the Partial Project Network Below and the Fact That

question 28

Essay

Given the partial project network below and the fact that F can be crashed three times if X_t = start time of Activity i, and Y_i = amount of crash time used for Activity i.
a. Which of the following is correct? X_F  X_D + 10  Y_D or X_F  X_E + 10 + Y_E or Y_D, Y_E  0 or X_F  X_D  X_E + 10  3
b. Which of the following is correct? y_D  3 or y_E  3 or y_F = y_D + y_E or y_F  3

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Definitions:

Perfectly Inelastic

A demand situation where the quantity demanded does not change regardless of the price level.

Excise Tax

is a tax directly levied on certain goods, services, or activities, often with the intent to reduce their consumption or generate revenue.

Market Price

The current price at which a good or service can be bought or sold in a given market, reflecting supply and demand dynamics.

Tax Revenue

The wealth gathered by governments by imposing taxes.