Question: Complete solutions please Refer to the previous question. Suppose that each of the audit activities can be crashed by the amounts indicated in the following
Complete solutions please
Refer to the previous question. Suppose that each of the audit activities can be crashed by the amounts indicated in the following table. Activity AllowableCrash Days Cost per Day Activity Allowable Crash Days Cost per Day B 4 2 4 3 2 4 2 $ 2,000 G 500 3,000 H 2 1,500 800 1 5 1,300 D 1,200 J 2.000 E 1,000 K 2.500 F 2 1.500 L 1.200 Use EXCEL-SOLVER to answer the following questions: a. What is the earliest the audit could be completed (using crash time) and associated incremental cost for this earliest completion time? b. How much incremental cost would be incurred if the client insisted that the audit be completed within 53 days? c. How much incremental cost would be incurred if the client insisted that the audit be completed within 56 days? Note: Allowable Crash days = Normal Time - Crash Time 2 Refer to the previous question. Suppose that each of the audit activities can be crashed by the amounts indicated in the following table. Activity AllowableCrash Days Cost per Day Activity Allowable Crash Days Cost per Day B 4 2 4 3 2 4 2 $ 2,000 G 500 3,000 H 2 1,500 800 1 5 1,300 D 1,200 J 2.000 E 1,000 K 2.500 F 2 1.500 L 1.200 Use EXCEL-SOLVER to answer the following questions: a. What is the earliest the audit could be completed (using crash time) and associated incremental cost for this earliest completion time? b. How much incremental cost would be incurred if the client insisted that the audit be completed within 53 days? c. How much incremental cost would be incurred if the client insisted that the audit be completed within 56 days? Note: Allowable Crash days = Normal Time - Crash Time 2
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