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If the indirect costs for each duration is as follows, compute the direct and total cost for each duration. What is the optimum cost-time schedule?

If the indirect costs for each duration is as follows, compute the direct and total cost for each duration. What is the optimum cost-time schedule?

Practical Management Science
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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SMAX Holding Sdn. Bhd is in progress to start their housing project. The list of activity and scheduled of the project is proposed as in Table 1. Table 1 Housing Project Schedule Crash cost (slope) Activity Predecessor Normal Normal Maximum time cost crash time A 10 40 80 В 8. 10 30 3 C 5 80 40 1 A. 11 50 50 E 15 100 100 4 F B, D, E 6 20 30 1 *Time unit = 1 week i) If the indirect costs for each duration is as follows, compute the direct and total cost for each duration. What is the optimum cost-time schedule? Indirect cost 27 weeks – RM 350 26 weeks – RM 270 25 weeks – RM 160 24 weeks – RM 100 23 weeks – RM 70 (15 marks) i) An incentive of RM20 per week has been offered by your clients if you can shorten the duration of the project. Would you grab the opportunity? If yes, for how many weeks and justify your answer. Task View (5 marks)
Transcribed Image Text:SMAX Holding Sdn. Bhd is in progress to start their housing project. The list of activity and scheduled of the project is proposed as in Table 1. Table 1 Housing Project Schedule Crash cost (slope) Activity Predecessor Normal Normal Maximum time cost crash time A 10 40 80 В 8. 10 30 3 C 5 80 40 1 A. 11 50 50 E 15 100 100 4 F B, D, E 6 20 30 1 *Time unit = 1 week i) If the indirect costs for each duration is as follows, compute the direct and total cost for each duration. What is the optimum cost-time schedule? Indirect cost 27 weeks – RM 350 26 weeks – RM 270 25 weeks – RM 160 24 weeks – RM 100 23 weeks – RM 70 (15 marks) i) An incentive of RM20 per week has been offered by your clients if you can shorten the duration of the project. Would you grab the opportunity? If yes, for how many weeks and justify your answer. Task View (5 marks)
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