Question

Stuart Entertainment sponsors rock concerts. The company is considering a contract to hire a band at a cost of $65,000 per concert. Required a. What are the total band cost and the cost per person if concert attendance is 6,000, 6,500, 7000, 7,500, or 8,000? b. Is the cost of hiring the band a fixed or a variable cost? Complete this question by entering your answers in the tabs below. Required A Required B What are the total band cost and the cost per person if concert attendance is 6,000, 6,500, 7,000, 7,500, or 8,000? (Round "Cost per person" answers to 2 decimal places.) 6,000 6,500 7,000 7,500 8,000 Number attending Total cost of concert Cost per person Required > < Prev 9 of 15 11! Next > BODU 0%

not the first one

Answer 1

1. Answer is simply divided Total Cost/Numde of persons available in concert

then answer will come.

like

65000/6000= $10.83 per person

65000/6500= $10per person

65000/7000= $9.29per person

65000/7500= $8.67 per person

65000/8000= $8.125per person

2.

Task                 Duration estimates                             Immeidate Predecessrors

A                           3                                                   None

B                            3                                                    A    

C                           5                                                    B

D                           4                                                   A

E                          1                                                    B & D

F                           10                                                  E & C

Firstly prepare Diagram for this activity:

Days EFT EST LST LFT Duration EFT-duration LST+ Duration 1-2 А 3 0 3 0 3 2-3 B 3 3 0 3 6 3-4 C 5 6 1 11 16 2-5 D 4 3 -1 3 7 3-5 DUMMY 0 6 6 6 4-6 DUMMY 0 11 11 1 11 5-6 E 1 7 6 10 11 6-7 LL 10 11 1 11 21

1-2 А 3 2-3 B 3 3-4 C 5 2-5 D 4 3-5 DUMMY 0 4-6 DUMMY 0 5-6 E 1 6-7 F 10 CRITICAL PATH: To find out critical path first identify possible paths. Possible Paths: in days A-B-C-F 3+3+5+10=21 A-B-E-F 3+3+1+10=17 A-D-E-F 3+4+1+10=18 THUS critical path is that where highest time is used. So highest day is 21 days thus critical path is A-B-C-F After this highlight the arrows in diagram which is critical path. Highlighting is done after this process.

Slacks are find out through LST-EFT

Page E=6 L=6 56 13 5:0 E-H L-1) 320 E=3 L=3 59 3B ZA 0 2 1 L-D Is=o 1E TOF E = 1 L=10 EL! E21 L=21 S=3 S=0 S=0 LELST Ε: E = EFT S-Slack EFT - LST 1-2 2-3 3-4 2-5 3-5 A B с D Dummy Dummy E oooooomo 4-6 5-6 6-7

of any one activity having Date Page Here TO calculating EFTE preceding with next activity. Same origin then total of which is highest one. EST = EFT - Duration LST - calculate from ending activity. L'of last activity will always same as 'E'.

A-3 4 B-2 3 1 4 D 0 1 E 10 F 5 7