Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

10. (20 pts) You have been tasked with determining the minimum duration and least cost for a design-build project (no need to consider liquidated damages).

image text in transcribedimage text in transcribed

10. (20 pts) You have been tasked with determining the minimum duration and least cost for a design-build project (no need to consider liquidated damages). You have been given the following project schedule information and the estimating department reports indirect costs are $225 per day. Attach all of your work, include a fenced bar chart and cost/crash summary table. Cost per Activity A Successors E, F CD E, F B Normal Duration 10 4 8 14 8 10 Crash Duration 9 2 4 10 4 6 Normal Cost $ 1,000 $ 2,700 $ 900 $ 1,440 $ 600 $ 940 $ 7,580 Crash Cost $ 1,100 $ 3,300 $ 1,900 $ 2,000 $ 1,200 $ 1,000 day of Crash $ 100 $ 300 $ 200 $ 140 $ 150 $ 180 D E F a. The minimum project duration is days and at a total cost of $ b. The least total cost for the project is $ at a duration of days. Page 8 of 11 Original 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A 100 150 150 150 150 B 300 300 C 200 200 200 200 F 180 180 180 180 D 140 140 140 140

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

12th Edition

9780073526706

Students also viewed these Accounting questions

Question

A 300N F 30% d 2 m Answered: 1 week ago

Answered: 1 week ago