Question: You have collected the data for a Time-Cost CPM Scheduling model analysis. The time is in days and the project direct costs are given below.

You have collected the data for a Time-Cost CPM Scheduling model analysis. The time is in days and the project "direct costs" are given below. (15 marks) Immediate Normal Crash Normal Crash Activity Predecessor Time Time Cost (Direct) Cost (Direct) A None 3 2 $300 $405 B A 3 3 $100 $100 C A 1 1 $200 $200 D B and C 3 2 $400 $550 E D 2 1 $500 $900 F E 3 3 $200 $200 G F 2 2 $200 $200 The indirect costs for the project are determined on a daily duration basis. If the project lasts 16 days the total indirect costs are $405, 15 days they will be $350, 14 days they will be $200, and 13 days they will be $100. If you crash this project by one day what is the total (i.e., direct and indirect) project cost?

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