Assume the network and data that follow. Compute the total direct co each project duration. If the indirect costs for each project duration are (19 time units), $350 (18), $300 (17), and $250 (16), compute the total p cost for each duration. Plot the total direct, indirect, and project costs for of these durations on a cost-time graph. What is the optimum cost-time s ule for the project? What is this cost?
Assume the network and data that follow. Compute the total direct co each project duration. If the indirect costs for each project duration are (19 time units), $350 (18), $300 (17), and $250 (16), compute the total p cost for each duration. Plot the total direct, indirect, and project costs for of these durations on a cost-time graph. What is the optimum cost-time s ule for the project? What is this cost?
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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Assume the network and data that follow. Compute the total direct cost for
each project duration. If the indirect costs for each project duration are $400
(19 time units), $350 (18), $300 (17), and $250 (16), compute the total project
cost for each duration. Plot the total direct, indirect, and project costs for each
of these durations on a cost-time graph. What is the optimum cost-time sched-
ule for the project? What is this cost?
Act.
ABCDEFG
Crash Cost (Slope)
20
60
40
0
50
100
70
A
3
B
5
D
10x
с
3
Maximum Crash Time
2
1210331
F
7
0
3
3
E
6
G
5
Normal Time
3530675
10
Initial
project duration 19
Total
direct cost $
Normal Cost
50
60
70
50
100
90
50
$470
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