Given the project within the table below calculate
a.The critical path
b.The minimum project duration
c.The amount of slack for each activity
Definitions:
Profit-maximizing
A strategy or process utilized by businesses to determine the price and output level that results in the highest profit.
Labor Cost
The total sum of all compensation given to employees for their services, including wages, benefits, and payroll taxes.
Total Revenue
The total amount of money a firm receives from the sale of its goods or services, calculated as the unit price times the quantity sold.
Wage Payment
The compensation that employees receive for their labor or services, typically expressed as an hourly rate or salary.
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