GATE CE 2024 Set 2 — Question 38
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Structural Engineering → Construction Management → Crashing of Networks
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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?
Correct answer
(A) Both P and Q are TRUE
Solution
1.Calculate the cost slope of the activity:
Cost Slope = per day.2.Crashing an activity is economically advisable if the indirect cost per day saved is greater than the cost slope of the activity.
3.For statement P: Indirect cost = Rs. 8,500/day. Since , crashing is advisable. P is TRUE.
4.For statement Q: Indirect cost = Rs. 10,000/day. Since , crashing is advisable. Q is TRUE.
Therefore, both P and Q are TRUE.Continue learning with Success Tracker
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