Suppose that the normal and the expedited costs and times are as given in the following table.

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Suppose that the normal and the expedited costs and times are as given in the following table.

Normal Expedited Normal Expedited Activity Time Time Cost Cost A 32 26 $ 200 $ 500 B 21 20 300 375 C 30 30 200 200 D 45 40 500 800 E 26 20 700 1,360 F 28 24 1,000 1,160 G 20 18 400 550 If indirect costs amount to $100 per day, determine the optimal time to complete the project and the optimal project completion cost.

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Production And Operations Analysis

ISBN: 9781478623069

7th Edition

Authors: Steven Nahmias, Tava Lennon Olsen

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