exercise 1. use the information contained below to compress one time unit per move using the least cost method. reduce the schedule until you reach the crash point of the network. For each move identify what activity(ies) was crashed and the adjusted total cost. Exercise 2. Given the data and information that follow, compute the total direct cost for each project duration...

2. Use the information contained below to compress one time unit per move using the least cost method. Reduce the schedule until you reach the crash point of the network. For each move identify what activity(ies) was crashed and the adjusted total cost. Note: Choose B instead of C and E (equal costs) because it is usually smarter to crash early rather than late AND one activity instead of two activities. Crash Cost (Slope) Maximum Crash Time Normal Normal Time Cost Act. 2 150 B 100 1 3 100 50 2 4 200 D 40 1 4 200 E 50 1 3 200 F 0 150 Initial project duration 13 6 A B 2x 3 1x D E Total direct cost 1,000 4 3 4. Given the data and information that follow, compute the total direct cost for each project duration. If the indirect costs for each project duration are $90 (15 time units). $70 (14). $50 (13), $40 (12), and $30 (11), compute the total project cost for each duration. What is the optimum cost-time schedule for the project? What is this cost? Act. Crash Cost (Slope) Maximum Normal Normal Crash Time Time Cost A 30 1 5 50 B 60 2 3 60 0 0 4 70 D 10 2 50 E 50 3 5 100 F 100 1 2 90 G 30 1 5 50 H 40 0 2 60 I 200 3 200 $730 F Initial 4 2 project duration 15 A 5 D G 2 5 3 B E H Total direct cost $730 3 5 2