Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline. She has calculated the crash cost per unit and knows the maximum units each activity can be reduced. What is the next step?
A. Calculate the crash point
B. Identify the critical path
C. Find the activity with the highest crash cost
D. Calculate the optimum cost-time point
E. Find the activity with the lowest crash cost
Answer: B
You might also like to view...
An overlay combines two or more consumer promotional activities into a single campaign
Indicate whether the statement is true or false
Hancock Company manufactures and sells two lines of furniture, case goods and upholstery. During the most recent accounting period, the Case Goods and Upholstery Divisions sold 15,000 and 2,000 units, respectively. The company's most recent financial statements are shown below: (Do not round intermediate calculations.) Case Goods UpholsterySales$1,600,000 $400,000 Less cost of goods sold: Unit-level production cost 1,000,000 240,000 Depreciation, production equipment 240,000 60,000 Gross margin$360,000 $100,000 Less operating expenses: Unit-level selling and administrative costs 60,000 50,000 Corporate-level facility expenses (fixed) 52,000 52,000 Net income (loss)$248,000 $(2,000)If unit sales for both divisions
increased 10%, the company would report which of the following? A. A $52,000 increase in net income for the Upholstery Division B. A net income for the Upholstery Division of $9,000 C. A 10% increase in total net income of the company D. A decline in profit for the Upholstery Division.
________ is a quantitative technique for determining the level of sales at which total revenues equal total costs.
A. Break-even analysis B. The sales response function C. Profit allocation D. Equilibrium analysis E. The ELMS approach
Answer the following statements true (T) or false (F)
1. Forecasting and scenario planning are basically the same exercise. 2. Survey feedback allows survey responders to rate the quality of the survey. 3. The AIDA continuum outlines how the stakeholders will be affected by the change. 4. When things are complex and ambiguous, the richness of the communications channel needs to increase.