Please do not give solution in image format thanku 3. A project has the activity duration and cost information indicated in the table where all times are indays. What is the total cost for completing this project in 50 days?ActivityABCDEFGHIJA) $253,000B) $237,000C) $216,000D) $207,000Predecessor Time|--AABCEDNormalAHEGI81215319718121611NormalCostCrashTime$12,0005$20,000 9$24,000 10$10,000 12$17,0006$5,0006$14,000 16$22,000 10$50,0005$33,0009CrashCost$21,000$30,000$60,000$15,000$34,000$6,000$20,000$30,000$55,000$50,000

First we find the normal duration of the project using Critical path method . If the normal…

A project has the activity duration and cost information indicated in the table where all times are in days. What is the total cost for completing this project in 50 days? Activity A B C D E F G H A) $253,000 B) $237,000 C) $216,000 D) $207,000 Predecessor Time A A B C E D Normal A H EGI 8 12 15 3 19 7 8 12 6 11 Normal Crash Cost Time $12,000 5 $20,000 9 10 $24,000 $10,000 2 $17,000 6 $5,000 16 $14,000 16 $22,000 10 $50,000 5 $33,000 9 Crash Cost $21,000 $30,000 $60,000 $15,000 $34,000 $6,000 $20,000 $30,000 $55,000 $50,000

A project has the activity duration and cost information indicated in the table where all times are in days. What is the total cost for completing this project in 50 days? Activity A B C D E F G H A) $253,000 B) $237,000 C) $216,000 D) $207,000 Predecessor Time A A B C E D Normal A H EGI 8 12 15 3 19 7 8 12 6 11 Normal Crash Cost Time $12,000 5 $20,000 9 10 $24,000 $10,000 2 $17,000 6 $5,000 16 $14,000 16 $22,000 10 $50,000 5 $33,000 9 Crash Cost $21,000 $30,000 $60,000 $15,000 $34,000 $6,000 $20,000 $30,000 $55,000 $50,000

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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