Problem 2- Use the information below to compress one time unit per move using the least cost method. Reduce the schedule until you reach the crash point. Fill out and calculate the table with your direct cost results. Graph your results for direct cost, indirect cost, total cost, and with incentive cost Sc A ACT. NORMAL NORMAL MAXIMUM CRASH TIME COST CRASH COST TIME (slope) B A B A 10 40 2 80 B 8 10 3 30 с 5 80 1 40 с E D 11 50 2 50 E 15 100 4 100 F 6 20 1 30 300 A D 10 11 27 PROJECT DURATION B B 8 F 6 TOTAL DIRECT COST C E CP= 5 15 B A D C E PROJECT DURATION TOTAL DIRECT COST F ACTIVITIES CHANGED D с E A 26 B E F 25 PROJECT DURATION TOTAL DIRECT COST ACTIVITIES CHANGED CP- 24 PROJECT DURATION F TOTAL DIRECT COST ACTIVITIES CHANGED CP= PROJECT DURATION TOTAL DIRECT COST ACTIVITIES CHANGED CP- 23 Exac d 22 PROJECT DURATION PROJECT DURATION 22 DIRECT COSTS INDIRECT COSTS TOTAL WITH COSTS INCENTIVE 50 23 60 TOTAL DIRECT 24 120 COST 25 180 ACTIVITIES CHANGED 26 240 27 300 | | | | | | с E 1000 CP = 800 600 PROJECT DURATION lincentive 22 23 24 25 26 27 -60 -40 -30 -20 -10 0 400 200 22 23 24 25 26 27

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
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FIll out the charts

Problem 2- Use the information below to compress one time unit per move using the least cost method.
Reduce the schedule until you reach the crash point. Fill out and calculate the table with your direct cost
results. Graph your results for direct cost, indirect cost, total cost, and with incentive cost
Sc
A
ACT. NORMAL NORMAL MAXIMUM
CRASH
TIME COST
CRASH
COST
TIME
(slope)
B
A
B
A
10
40
2
80
B
8
10
3
30
с
5
80
1
40
с
E
D
11
50
2
50
E
15
100
4
100
F
6
20
1
30
300
A
D
10
11
27
PROJECT DURATION
B
B
8
F
6
TOTAL DIRECT
COST
C
E
CP=
5
15
B
A
D
C
E
PROJECT DURATION
TOTAL DIRECT
COST
F
ACTIVITIES CHANGED
D
с
E
A
26
B
E
F
25
PROJECT DURATION
TOTAL DIRECT
COST
ACTIVITIES CHANGED
CP-
24
PROJECT DURATION
F
TOTAL DIRECT
COST
ACTIVITIES CHANGED
CP=
PROJECT DURATION
TOTAL DIRECT
COST
ACTIVITIES CHANGED
CP-
23
Exac d
22
PROJECT DURATION
PROJECT
DURATION
22
DIRECT
COSTS
INDIRECT
COSTS
TOTAL WITH
COSTS
INCENTIVE
50
23
60
TOTAL DIRECT
24
120
COST
25
180
ACTIVITIES CHANGED
26
240
27
300
| | | | | |
с
E
1000
CP =
800
600
PROJECT DURATION
lincentive
22
23
24 25
26
27
-60 -40
-30
-20
-10
0
400
200
22
23
24
25
26
27
Transcribed Image Text:Problem 2- Use the information below to compress one time unit per move using the least cost method. Reduce the schedule until you reach the crash point. Fill out and calculate the table with your direct cost results. Graph your results for direct cost, indirect cost, total cost, and with incentive cost Sc A ACT. NORMAL NORMAL MAXIMUM CRASH TIME COST CRASH COST TIME (slope) B A B A 10 40 2 80 B 8 10 3 30 с 5 80 1 40 с E D 11 50 2 50 E 15 100 4 100 F 6 20 1 30 300 A D 10 11 27 PROJECT DURATION B B 8 F 6 TOTAL DIRECT COST C E CP= 5 15 B A D C E PROJECT DURATION TOTAL DIRECT COST F ACTIVITIES CHANGED D с E A 26 B E F 25 PROJECT DURATION TOTAL DIRECT COST ACTIVITIES CHANGED CP- 24 PROJECT DURATION F TOTAL DIRECT COST ACTIVITIES CHANGED CP= PROJECT DURATION TOTAL DIRECT COST ACTIVITIES CHANGED CP- 23 Exac d 22 PROJECT DURATION PROJECT DURATION 22 DIRECT COSTS INDIRECT COSTS TOTAL WITH COSTS INCENTIVE 50 23 60 TOTAL DIRECT 24 120 COST 25 180 ACTIVITIES CHANGED 26 240 27 300 | | | | | | с E 1000 CP = 800 600 PROJECT DURATION lincentive 22 23 24 25 26 27 -60 -40 -30 -20 -10 0 400 200 22 23 24 25 26 27
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