The Network Below Represents a Project Being Analyzed by the Critical

question 101

Essay

The network below represents a project being analyzed by the critical path method.Activity durations are A=5,B=2,C=12,D=3,E=5,F=1,G=7,H=2,I=10,and J=6. a.What task must be on the critical path,regardless of activity durations?
b.What is the duration of path A-B-E-H-J?
c.What is the critical path of this network?
d.What is the length of the critical path?
e.What is slack time at activity H?
f.What is the Late Finish of activity H?
g.If activity C were delayed by two time units,what would happen to the project duration?

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Definitions:

Demand Rises

Occurs when there is an increase in the quantity of a good or service that consumers are willing and able to purchase at a given price.

Economic Profit

The disparity measure in between overall returns and full expenses, including both exposed and indirect costs.

Market Supply

The total amount of a product that sellers are willing and able to sell across all relevant price levels within a given market.

Long Run

A period in which all factors of production and costs are variable, allowing firms to adjust fully to market changes.