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

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.

D 3 3 Project duration 14 A 2x 2x Total direct cost 1,200 4

Maximum Normal Normal Crash Cost Time Act. (Slope) Crash Time Cost 100 B 100 1 3 200 40 1 200 60 D 3 200 20 1 200 40 1 4 150 0 2 G 150 D 3 3 Project duration 14 A 2x 2x Total direct cost 1,200 4

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