Question: Below are the data for a Time-Cost CPM Scheduling analysis. The time is in days and the costs include both direct and indirect costs. Activity

Below are the data for a Time-Cost CPM Scheduling analysis. The time is in days and the costs include both direct and indirect costs.

Activity

Immediate Predecessor

Normal Time

Crash Time

Normal Cost

Crash Cost

A

None

3

2

$200

$400

B

A

4

3

$300

$600

C

A

1

1

$200

$200

D

B and C

3

2

$500

$550

E

D

2

1

$500

$900

If you crash this project to reduce the total time by four days, what is the total time of the project and total cost?

a)

Total time is 8 days, total cost is $2650

b)

Total time is 9 days, total cost is $2300

c)

Total time is 10 days, total cost is $2500

d)

Total time is 8 days, total cost is $1850

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