Question: For the project described in the table below, show, step by step, how to reduce its duration. Activity times are in days. Indirect project cost

For the project described in the table below, show, step by step, how to reduce its duration. Activity times are in days. Indirect project cost is $2,000 per day. What is the optimal duration of the project? Activity Normal Time Crash Time Daily Crash Cost 2-3 7 5 $700 2-4 8 7 $1,500 3-5 6 5 $1,000 4-7 11 8 $1,700 4-6 4 3 $500

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