##########i want answer within one hour, i will upvote. Thanks in advance 16.4. A simple network consisting of four activities has the following network diagram:The cost/time relationships for the activities are shown in the table below:ActivityA(BUDсMinimumTime, Weeks550110MaximumTime, Weeks1010End3015Cost/TimeRelationship ($1,000)100-(3x activity time)100 - (2 x activity time)100 - (2 x activity time)100 - (5 x activity time)For example, if completed in 5 weeks, activity A would require $85,000, and if com-pleted in 10 weeks, it would require $70,000.a. What is the minimum cost of completing this project in 20 weeks?b. If the desired completion date is 33 weeks and the profit markup is 20 percentabove cost, what should be the bid price for this project?

Project costing refers to the process of estimating and tracking the expenses associated with a…

For example, if completed in 5 weeks, activity A would require $85,000, and if com- pleted in 10 weeks, it would require $70,000. a. What is the minimum cost of completing this project in 20 weeks? b. If the desired completion date is 33 weeks and the profit markup is 20 percent above cost, what should be the bid price for this project?

For example, if completed in 5 weeks, activity A would require $85,000, and if com- pleted in 10 weeks, it would require $70,000. a. What is the minimum cost of completing this project in 20 weeks? b. If the desired completion date is 33 weeks and the profit markup is 20 percent above cost, what should be the bid price for this project?

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...

See similar textbooks

Related questions

Q: help from any third party. 1.(Scenario Based Question - Customer) Your response to Nazia's in-app…

A: Note: The solution is authored in a generalized manner and no personal opinion has been provided as…

Q: To ensure a balanced use of advertising media, radio advertisements must not exceed 50% of the total…

A: For this question, first, I will formulate the Linear programming model, Then, I will solve this LP…

Q: The Small Business Administration (SBA): Question 19 options: helps people start and…

A: Small businesses have fewer employees, and their overall revenue is less than regular business…

Q: urgent：Hurry please 25. The "R" in SMART goals stands for... 1) Relevant 2) Reliable 3) Realistic…

A: There are various kinds of goals that are formulated by the managers. These goals are further…

Q: Home About Phokphy Senes Cuta Reowa PoroGRAPY While the homepage does provide example photos of…

A: Miranda has just put a photograph on the home page of the website and nothing else and their is no…

Q: Which element of the marketing mix is related to delivery? Question 10 options: a) Product…

A: The question pertains to the marketing mix, which is a foundational concept in marketing strategy.…

Q: Question 8 Member-based organizations that provide access to tools and resources are called…

A: Member-based OrganizationsAn organization that accepts members is one that allows people or…

Q: If a home warranty program is to be offered on a listing, the licensee should A) Provide a list of…

A: Home warranty program is a contract which helps owner cover the cost of repairing and other…

Q: QUESITON 13 Customer relationship management system enable organisations to A.be more focused on…

A: Q13 Answer: Customer relationship management system enable organisations to: D. become demand…

Q: Socio-cultural analysis is a type of internal analysis. Question 9 options: True False

A: The business environment refers to the collection of internal and external factors that affect the…

Q: Which of these is an example of a topic? O Rock Valley is a great school. O Why is a college…

A: The English Language subject investigates a subject of focal significance inside the field of…

Q: Given the table below: Activity A B C D E F G H I Dependency A A A B B,C C,D FG E,F,H Duration…

A: Find the given details below:

Q: Question: Describe the five forces in Porter's competitive forces model, and explain how increased…

A: Porter's Five Forces Model is a strong structure created by Michael E. Porter in the last part of…

Q: The following cost-of-quality data were collected at the installment loan department of the Kenney…

A: Find the given details below:

Q: Lulu automatically procures from Delmon Bakery is an example of using interaction whereby the…

A: Communication: It is a way to transmit thoughts, ideas, message, and information between two or more…

Q: Ann heard from a friend that her manager Derek got arrested for driving under the influence. Ann…

A: Informal communication is any manner of communication that does not take place in an organization…

Q: Please lable it correct complete solutions

A: b. The olive-green colour of pheophytinThe olive-green colour of pheophytin is due to the absence of…

Question

##########

i want answer within one hour, i will upvote. Thanks in advance

16.4. A simple network consisting of four activities has the following network diagram:
The cost/time relationships for the activities are shown in the table below:
Activity
A
(BUD
с
Minimum
Time, Weeks
5501
10
Maximum
Time, Weeks
10
10
End
30
15
Cost/Time
Relationship ($1,000)
100-(3x activity time)
100 - (2 x activity time)
100 - (2 x activity time)
100 - (5 x activity time)
For example, if completed in 5 weeks, activity A would require $85,000, and if com-
pleted in 10 weeks, it would require $70,000.
a. What is the minimum cost of completing this project in 20 weeks?
b. If the desired completion date is 33 weeks and the profit markup is 20 percent
above cost, what should be the bid price for this project?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Introduction

VIEW

Step 2: Calculating Critical path and activity costs

VIEW

Step 3: Recalculating the path durations

VIEW

Step 4: Recalculating the path durations

VIEW

Solution

VIEW

Step by step

Solved in 5 steps with 6 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

What does research suggest about the relative cost of retaining current customers versus acquiring new customers? Question options: Acquiring new customers costs roughly the same as retaining current ones. Acquiring new customers can cost several times as much as retaining current ones. Acquiring new customers costs slightly less than retaining current ones. Retaining current customers can cost several times as much as acquiring new ones. Acquiring new customers costs slightly more than retaining current ones.
Urgent Please : 3. Describe the 4 stages of the expenditure cycle? Answer must be plagirism free. This is complete question. Answer must be not too short or nt too long
### I want answer within one hour
building project failures Exactracted from (News 24,2021) with reference to case study provided the 1.1criically discuss the primary reason contributing to failure of building 1.2 in reference to the reasons provided in question 1.1 above, discuss the impact of project failures and suggest solution that can be considered by project managers to mitigate against future project failures 1.3 with reference to construction project,critically discuss the contents of a project quality plan. your response should refer to reference to revent examples
A comprehensive portfolio includes which of the following All of the above Letter of recommendation Proof of the skills achieved Certificates of awards Example of work completed in each courses
1:26 < Back 2. MIS ASSIGNMEN 2 (J... : 5) :6) SUBMISSION DATE: 10th May 2023 EIB20203 MIS-GROUP ASSIGNMENT 2 You have to choose a topic related in MANAGEMENT INFORMATION SYSTEM according to syllabus (CANNOT BE SAME WITH OTHER GROUP). Write a report by explain the topic according to: Introduction 2 Definition (Conceptual and operational) Content of topics Problems or issues relating to the topic in term of Malaysia and global contexts Suggestion to handle the problems/ issues (with significant examples) Summary of the topic 7. References INSTRUCTIONS/WRITING FORMAT: 1. This assignment is to be completed in GROUP. 2 Essay form. This assignment must be TYPE. Use WORD. Times New Roman / Arial. Font 12 A4 paper. About 10 pages. Not more. 5. Margin: Left 1" Right 1" Top 1" & Bottom 1" Spacing between sentences 1.5 7. Reference in any recognized format. (APA, Harvard etc.) NO PLAGIARISM. Dateline 10.05.2023 10. Each group's representative please e-mail me back the completed assignment to…
SLO 9.1. Blanket purchase orders: a.Reduce costs by decreasing the number of purchase orders issuedb.Cover multiple purchase requirements on one orderc.Are difficult to prepared.Reduce costs by decreasing the number of purchase orders issued and cover multiple purchase requirements on one ordere.Reduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order, and are difficult to prepare
I need answer typing clear urjent no chatgpt used i will give upvotes
4
身 Inbox (6,303) - x sf Your sesslon h. x sf Career Opport x Birdledon Writ x Brussels Airline x. myAU Portal zto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser%=D0&launchUrl=https%253A%252F%252Flms.mheduca erviews (Chapter 8) i Saved In an IT system segregation of duties is best maintained through the use of: Multiple Choice Access controls, such as passwords. O Locking cabinets containing sensitive records. Organizational charts. Job descriptions. Prev 2 3 Next > Finacial Account...pdf Finacial Account....pdf Finacial Account....pdf. MacBookAr