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oksano4ka [1.4K]
3 years ago
13

Why is the critical path critical?

Business
1 answer:
MissTica3 years ago
5 0

Answer:

Any delay in the critical path delays the project finish date.

Explanation:

The critical path method is also said to be the critical path analysis.

It is referred to a set of algorithm which is used to manage the entire activities related to a project.

The longest activity is identified and the time to complete the activity is measured in a critical path method.

It includes the activities and their time duration to be modeled upon.

In case any of the tasks is delayed, the entire project is delayed.

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Decentralized purchasing is the practice where individual, local purchasing departments throughout a single corporation make the
likoan [24]

Answer:

True

Explanation:

Decentralised purchasing also means the purchase of each manufacturing center necessity in the organisation. This method, instead of dropping buying power with a single branch,it would be given to regional offices or branches. They have the power to buy the items needed as per their demands. Acquiring in large quantities lowers the cost to the company.

3 0
3 years ago
When marginal cost is greater than marginal benefit at the current activity level, the decision maker can increase net benefit b
Rainbow [258]

Answer: d. total cost will fall by more than total benefit will fall.

Explanation:

At this point where Marginal benefit is greater than marginal cost, it means that every additional unit produced gives a higher total cost than total benefit.

If activity levels were to be decreased therefore, total cost would fall more than total benefit would fall until a point is reached where total benefit and total cost would be falling at the same rate. This would be the optimal activity point because Marginal cost would be equal to Marginal benefit.

7 0
2 years ago
On February 1, 2020, Nash's Contractors agreed to construct a building at a contract price of $5,700,000. Nash's estimated total
Romashka-Z-Leto [24]

Answer:

Nash's Contractor

Gross profit that should be recorded for 2020, 2021, and 2022:

Percentage -of completion                     Completed-contract

2020 $___667,500_____                      2020 $___0_____

2021 $____361,395____                       2021 $____0____

2022 $____121,105____                       2022 $____1,150,000____

Explanation:

a) Data and Calculations:

Contract price = $5,700,000

Estimated construction costs = $3,920,000

Project completion date = 2022

Costs and Billings:

                                                     2020            2021            2022

Total costs incurred to date  $1,470,000 $2,580,000 $4,550,000

Estimated costs to complete 2,450,000     1,720,000     -0-

Customer billings to date       2,100,000    3,920,000  5,500,000

Collections to date                 1,900,000     3,400,000  5,400,000

Percentage of completion:

2020:

Revenue  =        $2,137,500 ($1,470,000/$3,920,000 * $5,700,000)

Cost incurred =   1,470,000

Gross profit =     $667,500

2021:

Revenue =         $1,471,395 ($1,110,000/$4,300,000 * $5,700,000)

Cost incurred =   1,110,000

Gross profit =     $361,395

2022:

Revenue =      $2,091,105 ($5,700,000 - $2,137,500 - $1,471,395)

Cost incurred   1,970,000

Gross profit =     $121,105

Completed contract

2022: Revenue = $5,700,000

Total costs =          4,550,000

Gross profit  =        $1,150,000

7 0
3 years ago
Which of the following is true? Group of answer choices An excise subsidy has only a substitution effect since the subsidy artif
Nadya [2.5K]

Answer:

An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect.

Explanation:

The above is true due to the fact that the consumption of goods increases. This could have been reduced had it been that, there was never any excise subsidy on those goods.

6 0
3 years ago
A bank is considering two securities: a 30-year treasury bond yielding 7 percent and a 30-year municipal bond yielding 6 percent
Pani-rosa [81]
40 beacuse you divde by 3
3 0
3 years ago
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