Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the following information to compress one time unit per move using the least - cost method. Assume the total indirect cost for the project

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 $2000 and there is a savings of $100 per time unit reduced. Calculate the total direct, indirect, and project costs for each duration. What is the optimum cost-time schedule for the project?
Note: The correct normal project duration and total direct cost are provided.
Activity Crash cost Maximum
ID (Slope) Crash Time Normal time Normal cost
A 02200
B $50141,000
C 20025800
D 200251,000
E 10013800
F 40151,000
G 40141,000
H 01200
Total direct normal costs $6,000
To compress from time period 20 to time period 19 crash the following activity(s): (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
check all that apply 1
Aunanswered
Bunanswered
Cunanswered
Dunanswered
Eunanswered
Funanswered
Gunanswered
Hunanswered
To compress from time period 19 to time period 18 crash the following activity(s): (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
check all that apply 2
Aunanswered
Bunanswered
Cunanswered
Dunanswered
Eunanswered
Funanswered
Gunanswered
Hunanswered
What is the optimum cost-time schedule for the network?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Management

Authors: Ricky W. Griffin

11th edition

111196971X, 978-1111969714

More Books

Students also viewed these General Management questions