The following costs have been estimated for the activities in a project: IMMEDIATE PREDECESSORS TIME COST ($) 8 8,000 4 12,000 3 6,000 ACTIVITY ABCDEFG P||3 » T B C, D C, D 5 6 5 3 15,000 9,000 10,000 6,000 Develop a cost schedule based on earliest start times. Develop a cost schedule based on latest start times. Suppose that it has been determined that the $6,000 for activity G is not evenly spread over the three weeks. Instead, the cost for the first week is $4,000, and the cost is $1,000 per week for each of the last two weeks. Modify the cost schedule based on earliest start times to reflect this situation.

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...
icon
Related questions
Question

13

The following costs have been estimated for the activities in a project:
IMMEDIATE PREDECESSORS TIME COST ($)
8
8,000
4
12,000
3
6,000
15,000
9,000
10,000
6,000
ACTIVITY
ABCDEFG
TABUULL
в
C, D
C, D
F
5
6
5
3
Develop a cost schedule based on earliest start times.
Develop a cost schedule based on latest start times.
Suppose that it has been determined that the $6,000 for activity G is not evenly spread over
the three weeks. Instead, the cost for the first week is $4,000, and the cost is $1,000 per
week for each of the last two weeks. Modify the cost schedule based on earliest start times
to reflect this situation.
Transcribed Image Text:The following costs have been estimated for the activities in a project: IMMEDIATE PREDECESSORS TIME COST ($) 8 8,000 4 12,000 3 6,000 15,000 9,000 10,000 6,000 ACTIVITY ABCDEFG TABUULL в C, D C, D F 5 6 5 3 Develop a cost schedule based on earliest start times. Develop a cost schedule based on latest start times. Suppose that it has been determined that the $6,000 for activity G is not evenly spread over the three weeks. Instead, the cost for the first week is $4,000, and the cost is $1,000 per week for each of the last two weeks. Modify the cost schedule based on earliest start times to reflect this situation.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 4 images

Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
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…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.