If the indirect costs for each duration are $300 for 27 days, $240 for 26 days, $180 for 25 days, $120 for 24 days, $60 for 23 days, and $50 for 22 days, compute the direct, indirect, and total costs for each duration. What is the optimum cost-time schedule? The customer offers you $10 for every day you shorten the project from your original network. Would you take it? If so for how many days? Activity Predecessor Normal Duration Crash Duration Normal Cost of Activity Additional Cost/Day to Crash A 10 2 40 80 B 8 3 10 30 C 5 1 89 40 D A 11 2 50 50 E C 15 4 100 100 F B,D,E 6 1 20 30
If the indirect costs for each duration are $300 for 27 days, $240 for 26 days, $180 for 25 days, $120 for 24 days, $60 for 23 days, and $50 for 22 days, compute the direct, indirect, and total costs for each duration. What is the optimum cost-time schedule? The customer offers you $10 for every day you shorten the project from your original network. Would you take it? If so for how many days? Activity Predecessor Normal Duration Crash Duration Normal Cost of Activity Additional Cost/Day to Crash A 10 2 40 80 B 8 3 10 30 C 5 1 89 40 D A 11 2 50 50 E C 15 4 100 100 F B,D,E 6 1 20 30
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...
Related questions
Question
If the indirect costs for each duration are $300 for 27 days, $240 for 26 days, $180 for 25 days, $120 for 24 days, $60 for 23 days, and $50 for 22 days, compute the direct, indirect, and total costs for each duration. What is the optimum cost-time
Activity
|
Predecessor
|
Normal Duration |
Crash Duration |
Normal Cost of Activity |
Additional Cost/Day to Crash |
A |
|
10 |
2 |
40 |
80 |
B |
|
8 |
3 |
10 |
30 |
C |
|
5 |
1 |
89 |
40 |
D |
A |
11 |
2 |
50 |
50 |
E |
C |
15 |
4 |
100 |
100 |
F |
B,D,E |
6 |
1 |
20 |
30 |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
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…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.