Using this new computer you want to calculate float time of each activity. But accidentally the computer gives the negative float time. Is it possible for an activity the negative float time? Justify with reason. Also discuss with a suitable graph how break-even point determines the health of the company in terms of profitability?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Using this new computer you want to calculate float time of each
activity. But accidentally the computer gives the negative float time. Is it
possible for an activity the negative float time? Justify with reason.
Also discuss with a suitable graph how break-even point determines the
health of the company in terms of profitability?
Transcribed Image Text:Using this new computer you want to calculate float time of each activity. But accidentally the computer gives the negative float time. Is it possible for an activity the negative float time? Justify with reason. Also discuss with a suitable graph how break-even point determines the health of the company in terms of profitability?
Expert Solution
Step 1

Negative float Time refers to the time which is beyond the time taken in completion of the project task earlier projected.

Step 2

Yes, it is possible for an activity to have a negative float time.

refer to float time, it is the time-delayed for a project without affecting the deadline of the project. But negative float time indicates the negative delay in completion of the project which affects the project deadline.

Step 3

Therefore, this negative float time should be covered as fast as possible. It may be due to any scheduling problem also. Like if the project starting date has been set earlier of when it actually started, then its end date is also set prior to which it should have been set and it leads to negative float Time.

OR there are chances that there is some error in the production part that is delaying the completion of tasks at time. The errors should be checked and rectified as early as possible.

Therefore, it can be said that negative float Time is possible for a project.

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