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. For example, if the project duration is reduced to 19, then the total indirect cost for the project becomes $1900 (-$2000-$100). Red solid line indicates a current critical path. Activity Maximum Crash Normal Time Normal Cost Crash Cost (Slope) Time 50 1 1000 200 2 S 800 200 2 5 1000 100 3 800 40 1000 40 1000 Project duration 20 Diect cost 6.000 indirect cost 2000 1) (3 pts) In order to reduce the project duration to 19, which time unit of the activity should you reduce first? Once you reduce one time unit of that activity, what would be the total cost (including direct and indirect cost)? Remember that there is a savings of $100 in the total indirect cost per time unit reduced. 2) (3 pts) In order to reduce the project duration to 18, which activity should you reduce now? Once you reduce one time unit of that activity, what would be the total cost (including direct and indirect cost)? Remember that there is a savings of $100 in the total indirect cost per time unit reduced. 3) (3 pts) In order to reduce the project duration to 17, which activity should you reduce now? Once you reduce one time unit of that activity, what would be the total cost (including direct and indirect cost)? Remember that there is a savings of $100 in the total indirect cost per time unit reduced. 4) (1pt) Based on your answers above, what is the optimum cost-time schedule for the project? BCDEFG D SA