Given the data and information that follow, compute the total direct cost for each project duration. If the indirect costs for each project duration are $90 (15 time units), $70 (14), $50 (13), $40 (12), and $30 (11), compute the total project cost for each duration. What is the optimum cost-time schedule 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
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3
Act.
ABCDEFGH_
Given the data and information that follow, compute the total direct cost for
each project duration. If the indirect costs for each project duration are $90 (15
time units), $70 (14), $50 (13), $40 (12), and $30 (11), compute the total project
cost for each duration. What is the optimum cost-time schedule for the project?
What is this cost?
А
A
8
5
Crash Cost (Slope)
20
60
0
10
60
100
30
40
200
C
0
8
B
E
· 9
Maximum Crash Time
120-3-OT
2
0
Normal Time
5
3
H
·
2523GNAEG
4
0 9
Normal Cost
50
60
70
50
100
90
50
60
200
$730
Initial
project duration 15
Total
direct cost $
Transcribed Image Text:3 Act. ABCDEFGH_ Given the data and information that follow, compute the total direct cost for each project duration. If the indirect costs for each project duration are $90 (15 time units), $70 (14), $50 (13), $40 (12), and $30 (11), compute the total project cost for each duration. What is the optimum cost-time schedule for the project? What is this cost? А A 8 5 Crash Cost (Slope) 20 60 0 10 60 100 30 40 200 C 0 8 B E · 9 Maximum Crash Time 120-3-OT 2 0 Normal Time 5 3 H · 2523GNAEG 4 0 9 Normal Cost 50 60 70 50 100 90 50 60 200 $730 Initial project duration 15 Total direct cost $
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