Timothy Stores prepared the following diagram and accompanying schedule for a proposed retail store opening. The schedule describes the activities, the expected time (in weeks), the expected cost of each activity, and the possible reduced time (in weeks) and related incremental cost for those activities that can be accomplished in a shorter time period. It is estimated that the store should produce a contribution of about $2,000 per week to operating income.

Required:
(1) Determine the normal critical path, its length in weeks, and the normal cost to be incurred in opening the store.
(2) Compute the minimum time in which the store can be opened and the costs incurred to achieve the earlier opening.
(3) Explain whether the store should be opened following the normal schedule or the reduced program.

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Incremental Achieve $4,500 Expected Reduced Possible Time Expected Time (in weeks) (in weeks) Cost educed Time Description of A Develop staffing plan1 Install exterior signs Activity Stock shelves. Final preparations for NC denotes no change in time is possible.