Question: 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

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 $700 and there is a savings of $50 per time unit reduced. Record the total direct, indirect, and project costs for each duration. What is the optimum cost-time schedule for the project? What is the cost?

Note: The correct normal project duration and total direct cost are provided.

Use the information contained below to compress

Use the information contained below to compress

Act. Crash Cost (Slope) Normal Time Normal Cost Max Crash Time 0 100 200 1 B 100 40 60 1 200 200 D 2 3 5 3 5 4 2 2 E 20 40 1 1 1 F 200 150 150 G 0 D B 3 3 3 A 2x E 5 2x 5 F 4 Project Duration 14 Total Direct Cost 1.200

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!