Consider the information below and estimate the duration of the activities as well as the cost for each activity.   Activity Name Quantity to be Installed Production Rate Number of Resources Duration Planned Cost Per Resource Other Cost (per unit) Total Cost Start Unit Unit/day with one resource No. (Each) Day $/day for each resource $/ Unit $ A 500 50 2   200 10   B 800 40 4   150 10   C 500 50 2   250 8   D 450 75 2   450 12   E 400 100 1   450 20   F 300 15 4   200 10   G 240 80 1   200 20   H 250 10 5   200 14   I 100 20 1   50 40   Project 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...
icon
Related questions
Question
100%
  • Consider the information below and estimate the duration of the activities as well as the cost for each activity.

 

Activity Name

Quantity to be Installed

Production Rate

Number of Resources

Duration

Planned Cost Per Resource

Other Cost

(per unit)

Total Cost

Start

Unit

Unit/day with one resource

No. (Each)

Day

$/day for each resource

$/

Unit

$

A

500

50

2

 

200

10

 

B

800

40

4

 

150

10

 

C

500

50

2

 

250

8

 

D

450

75

2

 

450

12

 

E

400

100

1

 

450

20

 

F

300

15

4

 

200

10

 

G

240

80

1

 

200

20

 

H

250

10

5

 

200

14

 

I

100

20

1

 

50

40

 

Project Cost

-

 

 

 

 

 

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.