You have collected the data for a Time-Cost CPM Scheduling model analysis. The time is in days

Question:

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

You have collected the data for a Time-Cost CPM Scheduling

The network for this project is given below.

You have collected the data for a Time-Cost CPM Scheduling

The indirect costs for the project are determined on a daily duration basis and are given below:
Total indirect costs for 16 days of project duration: $ 600
Total indirect costs for 15 days of project duration: $ 400
Total indirect costs for 14 days of project duration: $ 200
Total indirect costs for 13 days of project duration: $ 100
At what project duration do we achieve the lowest total project cost (i.e., direct plus indirect costs)?
(a) 16 days
(b) 15 days
(c) 14 days
(d) 13 days

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

Question Posted: