5. Use the following information 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 cach 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. Crash Cost (slope) Maximum Crash Time Normal Time Normal Cost Act. 2 100 A B 100 1 200 40 1 5 200 60 2 200 20 1 200 F 40 1 150 150 G 母母 B D. 3 3 Project duration 14 A E G 2x 5 2x F Totel direct cost $1,200 4
5. Use the following information 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 cach 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. Crash Cost (slope) Maximum Crash Time Normal Time Normal Cost Act. 2 100 A B 100 1 200 40 1 5 200 60 2 200 20 1 200 F 40 1 150 150 G 母母 B D. 3 3 Project duration 14 A E G 2x 5 2x F Totel direct cost $1,200 4
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
100%
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?
Transcribed Image Text:5. Use the following information 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 cach 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.
Crash Cost (slope)
Maximum Crash Time
Normal Time
Normal Cost
Act.
2
100
A
B
100
1
200
40
1
5
200
60
2
200
20
1
200
F
40
1
150
150
G
B
D.
3
3
Project duration 14
A
E
G
2x
5
2x
F
Totel direct cost $1,200
4
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