show each step/iteration in the answer

Chapter 9 Reducing Project Duration 327 7. Use the information contained below to compress one time unit per move using the least cost method. Assume the total indirect cost for the project is $2,000 and there is a savings of $100 per time unit reduced. Calculate the total direct, indirect, and project costs for each duration. Plot these costs on a graph. What is the optimum cost-time schedule for the project? Note: The correct normal project duration and total direct cost are provided. Act. Crash Cost (Slope) Maximum Crash Time Normal Time 2 A B 50 200 200 100 40 40 0 1 2 2 1 Normal Cost 200 1000 800 1000 800 1000 1000 200 4 5 5 3 5 4 1 E F G H 5 5 Project duration 20 Direct cost 6,000 Indirect cost 2.000 Total cost 8,000 G D 5 4 Chapter 9 Reducing Project Duration 327 7. Use the information contained below to compress one time unit per move using the least cost method. Assume the total indirect cost for the project is $2,000 and there is a savings of $100 per time unit reduced. Calculate the total direct, indirect, and project costs for each duration. Plot these costs on a graph. What is the optimum cost-time schedule for the project? Note: The correct normal project duration and total direct cost are provided. Act. Crash Cost (Slope) Maximum Crash Time Normal Time 2 A B 50 200 200 100 40 40 0 1 2 2 1 Normal Cost 200 1000 800 1000 800 1000 1000 200 4 5 5 3 5 4 1 E F G H 5 5 Project duration 20 Direct cost 6,000 Indirect cost 2.000 Total cost 8,000 G D 5 4