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You have collected the data for a time-cost CPM scheduling model analysis. The time is in days and the project direct costs are given here.
You have collected the data for a time-cost CPM scheduling model analysis. The time is in days and the project "direct costs" are given here.
Activity | Immediate Predecessor | Normal Time | Crash Time | Normal Cost (Direct) | Crash Cost (Direct) | ||||
A | None | 3 | 2 | $300 | $400 | ||||
B | A | 3 | 3 | $100 | $100 | ||||
C | A | 1 | 1 | $200 | $200 | ||||
D | B and C | 3 | 2 | $400 | $550 | ||||
E | D | 2 | 1 | $500 | $900 | ||||
F | E | 3 | 3 | $200 | $200 | ||||
G | F | 2 | 2 | $100 | $100 | ||||
The indirect costs for the project are determined on a daily duration basis. If the project lasts 16 days, the total indirect costs are $400; 15 days, they will be $250; 14 days, they will be $200; and 13 days, they will be $100. If you crash this project by one day,
What is the total (i.e., direct and indirect) project cost?
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