7. Based on the network for this project, utilize Marginal Cost Analysis to demonstrate Calculate the T(RED) and the Slope (S) for each activity What is the total cost of the project? Crash the project to 32 days. What would be the extra cost incurred? (10 points) Activity tn (days) Cn (500) tc (days) Cc (500) T(RED) s A 3 $1000 2 $1800 B 2 $1600 5 $800 3 $1000 D $700 3 $1000 E 12 $1200 8 $2000 F 8 $1800 5 $2500 G 9 $1000 7 $2800 H 1 $700 3 $600 2 $1200 J $900 K 6 $1000 5 $1900 L 2 $600 M 1 $200 Total Project Cost = Project length = 4 Now w 4 $300 1 7. Based on the network for this project, utilize Marginal Cost Analysis to demonstrate Calculate the T(RED) and the Slope (S) for each activity What is the total cost of the project? Crash the project to 32 days. What would be the extra cost incurred? (10 points) Activity tn (days) Cn (500) tc (days) Cc (500) T(RED) s A 3 $1000 2 $1800 B 2 $1600 5 $800 3 $1000 D $700 3 $1000 E 12 $1200 8 $2000 F 8 $1800 5 $2500 G 9 $1000 7 $2800 H 1 $700 3 $600 2 $1200 J $900 K 6 $1000 5 $1900 L 2 $600 M 1 $200 Total Project Cost = Project length = 4 Now w 4 $300 1