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Complete answers please Use Excel for the answers A national accounting firm has identified the following set of activities that must occur to carry out
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A national accounting firm has identified the following set of activities that must occur to carry out an audit for one of their major clients. B.E 4 Activity Days Required Predecessor (8) Activity Days Required Predecssor(s) A 12 G 6 B 16 H C.D.E 13 1 24 C.D.G D 14 A J 12 F.H E 9 A K 22 F.H F 12 L 1,J 8 Refer to the previous question. Suppose that each of the audit activities can be crashed by the amounts indicated in the following table. Activity AllowableCrash Days Cost per Day Activity Allowable Crash Days Cost per Day 2 G B 4 2 2 5 4 J E 2 K $ 2,000 500 3.000 H 1,500 800 1 1.300 1,200 2,000 1,000 2.500 F 1,500 L 1.200 Use EXCEL-SOLVER to answer the following questions: a. What is the earliest the audit could be completed (using crash time) and associated incremental cost for this earliest completion time? b. How much incremental cost would be incurred if the client insisted that the audit be completed within 53 days? C. How much incremental cost would be incurred if the client insisted that the audit be completed within 56 days? Note: Allowable Crash days - Normal Time - Crash Time SAVE your EXCEL FILE as Surname Actity1 Use Excel for the answers
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