Crash Time Exercise

Use the following information to compress one time unit per move using the least cost method. Assume the total indirect cost for the project is $$700$ and there is a savings of $$50$ per time unit reduced. Record the total direct, indirect, and project costs for each duration. What is the optimum cost$-$time schedule for the project? What is the cost?

NOTE: The correct normal project duration and total direct cost are provided.

Act. Crash Cost $($slope$)$ Max Crash Time Normal Time Normal Cost

A $02100$

B $10013200$

C $4015200$

D $6023200$

E $2015200$

F $4014150$

G $002150$