Question: Information for the Time-Cost Model Exercise Task Immediate Predecessors Normal Time (weeks) Crash Time (weeks) Normal Cost Crash Cost A NONE 8 6 $5,000 $13,000
| Information for the Time-Cost Model Exercise | |||||
| Task | Immediate Predecessors | Normal Time (weeks) | Crash Time (weeks) | Normal Cost | Crash Cost |
| A | NONE | 8 | 6 | $5,000 | $13,000 |
| B | A | 12 | 10 | $10,000 | $20,000 |
| C | A | 15 | 15 | $6,000 | $6,000 |
| D | C | 17 | 13 | $4,000 | $8,000 |
| E | B & C | 18 | 16 | $4,000 | $9,000 |
| F | D & E | 9 | 7 | $5,000 | $9,000 |
| G | F | 8 | 7 | $3,000 | $6,000 |
Your firm is launching a new product to the market. The table lists the steps that need to be complete to get the product to market. You have recently found out that a competitor is launching a similar product and you need to get to market first. What is the total cost of crashing?
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