Question: Here are the data for a time - cost CPM scheduling model analysis. The time is in days and the costs include both direct and

Here are the data for a time-cost CPM scheduling model 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 32 $ 200 $ 400
B A 43 $ 300 $ 600
C A 11 $ 300 $ 300
D B and C 32 $ 500 $ 550
E D 21 $ 500 $ 900
If you crash this project to reduce the total time by one day, what is the total time of the project and total cost?
Multiple Choice
Total time is 13 days, total cost is $1,500.
Total time is 12 days, total cost is $2,000.
Total time is 12 days, total cost is $2,300.
Total time is 11 days, total cost is $1,850.
Total time is 11 days, total cost is $2,350.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!