Chapter 9: Resource Allocation

Question 1

crashing slope

Answer 1

(crash cost - normal cost)/(crash time - normal time)

Question 2

resource loading

Answer 2

describes amount of resources an existing schedule requires

Question 3

resource leveling

Answer 3

less hands-on management, improves morale, when activity has slack we can move it to shift resource usage

Question 4

heuristic vs optimal

Answer 4

heuristic: rule of thumb, good solution that might not be optimal
optimization: linear programming, yields the one best solution

Question 5

standards to measure schedule effectiveness

Answer 5

schedule slippage, resource utilization, in-process inventory (amount of work waiting to be processed because there is a shortage of some resource)