Operations and Supply Chain Management. What is the objective of Time-Cost CPM S

Question

Operations and Supply Chain Management.

What is the objective of Time-Cost CPM Scheduling model analysis and project crashing?

C. You have two critical paths D. More than one path is optimal E. The project will not be completed by the desired time 20. What is the objective of Time-Cost CPM Scheduling model analysis and Projet A. To find a project's critical path B. To find the short C. To find the D. To find the minimum project's direct cost E. None of these est project duration that minimizes the total costs shortest project duration that maximize the total costs Use the figure below to answer qu estions 21-22 B(3) D(5) F(2) A(2) C(4) E(6) r activity E? 21. Given the network shown above, what is the earliest start time fo A. 15 B. 12 22. Given the network shown above, what is the latest finish time for activity D? A. 10 c E. 12

Explanation / Answer

Answer: B

Project crashing is used to shorten the duration of the entire project by reducing the time of any activity than its normal time by assigning more resources or adding more lobour hours. the process of shortening is called as crashing. while crashing it is necessary to keep in mind the tradeoff between crashing and total cost. hence the crashing should be done so as to keep total costs minimum.

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