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Refer to the table in the image and answer the following questions: Assuming that the cost of each activity is linearly distributed over its duration

Refer to the table in the image and answer the following questions:

Assuming that the cost of each activity is linearly distributed over its duration, create two budgets as follows:

  1. The first budget should assume an early-start schedule
  2. The second budget should assume a late-start schedule
  3. Explain why the two budgets are different Do not submit your budgets as screenshots rather submit in editable formats such as in Word or Excel
  4. A big NO to plagiarized answers. Please do not copy and paste the previous answers. I want fresh and new answers. Answers that are plagiarized and posted from previous answers will be immediately reported.

image text in transcribed

1. 11.1 Develop a budget for the project described in Table 11.11 assuming that the cost of each activity is linearly distributed over its duration. TABLE 11.11 Activity Duration (days) Immediate predecessors Cost A 3 $3,000 B 4 2,000 3 6,000 D 2 2,000 E 1 B 1,000 F 5 A 10,000 G 2 B 4,000 H 3 B 9,000 I 11 11,000 J 3 D, E 3,000 K 1 F, G 1,000 L 4 K 2,000 M 4 J, H 8,000

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