Figure 5.4 -Use the Information in Figure 5.4. What Are the Required

question 84

Multiple Choice

Figure 5.4

-Use the information in Figure 5.4. What are the required predecessors of activity H?

• A) E & G
• B) A through F, including E
• C) Activity H has no required predecessors.
• D) D

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Definitions:

Normal Profits

The level of profit that is necessary for a business to remain competitive in the market, typically equal to the opportunity cost of the capital employed.

Plant Size

The capacity or physical dimensions of a facility where goods are manufactured or processed.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at different price levels.

Plant Capacities

The maximum amount of products or services that a facility can produce over a given period of time under normal operating conditions.