A construction project has a fixed cost of $800 per day; that is, every day the workers are on site until the project is complete costs $800. The activities (in days, in the table) also have costs for completion in what is considered a normal duration and a crash cost that would be incurred to expedite the activity's completion time. Activity Normal Time Crash Time Normal Cost Crash Cost Pred A 3 1 1,200 2,000 B 5 3 2,500 3,500 C 2 1 500 750 A, B D 6 3 300 450 C E 4 3 6,000 8,400 D F 3 3 9,000 9,000 D G 3 2 4,400 5,500 E, F H 3 3 3,000 3,000 F I 4 2 4,000 6,000 G, H J 2 2 3,200 3,200 I K 2 2 1,800 1,800 J How much does the project cost if it is completed as quickly as possible? a. $35,900 b. $43,600 c. $58,800 d. $58,300

Answer rating: 100% (QA)

The detailed answer for the above question is provided below To calculate t... View the full answer