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.
Project Management The Managerial Process
7th edition
Authors: Erik W. Larson, Clifford F. Gray
ISBN: 978-1259666094