The time cost estimates for the various activities of a design project are given below: Normal Normal Cost Crash Time Crash Cost Activity Immediate 22108 predecessor Time (days) ($) (days) (S) A 2 50 1 70 B A 80 2 160 C A 8 70 4 110 D A 6 60 5 80 E B 7 100 6 130 F D 40 3 100 G E, F 5 100 4 150 The indirect costs for each project duration are given below: Project 18 17 16 15 14 13 Duration (days) Indirect 400 350 300 250 200 150 Cost (S) Find the optimum cost time schedule for the project. (9)
The time cost estimates for the various activities of a design project are given below: Normal Normal Cost Crash Time Crash Cost Activity Immediate 22108 predecessor Time (days) ($) (days) (S) A 2 50 1 70 B A 80 2 160 C A 8 70 4 110 D A 6 60 5 80 E B 7 100 6 130 F D 40 3 100 G E, F 5 100 4 150 The indirect costs for each project duration are given below: Project 18 17 16 15 14 13 Duration (days) Indirect 400 350 300 250 200 150 Cost (S) Find the optimum cost time schedule for the project. (9)
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
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Transcribed Image Text:Economics
The time - cost estimates for the various
activities of a design project are given below:
Activity Immediate Normal
Normal Cost Crash Time
Crash Cost
221
predecessor
Time (days)
($)
(days)
(S)
A
2
50
1
70
B
A
4
80
2
160
C
A
8
70
4
110
D
A
6
60
5
80
E
B
7
100
6
130
F
D
4
40
3
100
G
E, F
5
100
4
150
The indirect costs for each project duration are given below:
18
17
16
15
13
Project
Duration
(days)
Indirect
400
350
300
250
150
Cost (S)
Find the optimum cost time schedule for the project.
14
200
(9)
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