Construction Planning and Management
If the excavation of earth is done manually then it costs Rs. 10 per cum. A machine can excavate at a fixed cost of Rs. 4000 plus a variable cost of Rs. 2 per cum. The quantity of earth for which the cost of excavation by machine will be equal to the cost of manual excavation is

1000 cum
1500 cum
500 cum
2000 cum

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Construction Planning and Management
Sinking fund is

The total sum to be paid to the municipal authorities by the tenants
Raised to meet maintenance costs
A part of the money kept in reserve for providing additional structures and structural modifications
The fund for rebuilding a structure when its economic life is over

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Construction Planning and Management
Earliest finish of an activity is always

Greater than or equal to earliest event time of the following node
Greater than earliest event time of the following node
Less than earliest event time of the following node
Less than or equal to earliest event time of the following node

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