Question:
A critical activity in a project is estimated to take 15 days to complete at a cost of Rs. 30,000. The activity can be expedited to complete in 12 days by spending a total amount of Rs. 54,000. Consider the statements P and Q.
P : It is economically advisable to complete the activity early by crashing, if the indirect cost of the project is Rs. 8,500 per day.
Q : It is economically advisable to complete the activity early by crashing, if the indirect cost of the project is Rs. 10,000 per day.
Which one of the following options is CORRECT ?
A critical activity in a project is estimated to take 15 days to complete at a cost of Rs. 30,000. The activity can be expedited to complete in 12 days by spending a total amount of Rs. 54,000. Consider the statements P and Q.
P : It is economically advisable to complete the activity early by crashing, if the indirect cost of the project is Rs. 8,500 per day.
Q : It is economically advisable to complete the activity early by crashing, if the indirect cost of the project is Rs. 10,000 per day.
Which one of the following options is CORRECT ?
P : It is economically advisable to complete the activity early by crashing, if the indirect cost of the project is Rs. 8,500 per day.
Q : It is economically advisable to complete the activity early by crashing, if the indirect cost of the project is Rs. 10,000 per day.
Which one of the following options is CORRECT ?
Updated On: Aug 1, 2024
- Both P and Q are TRUE
- P is TRUE and Q is FALSE
- Both P and Q are FALSE
- P is FALSE and Q is TRUE
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The Correct Option is A
Solution and Explanation
The correct option is (A) : Both P and Q are TRUE.
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