The table below shows the duration and direct costs for the activities of a construction project. It is required to calculate the duration of the project that achieves the lowest possible total cost using the technique of crashing if the indirect costs are 5000$ per week. Activity Normal Time (NT) Weeks 3 Normal Cost Crash Time Crash Cost (NC) $ 6000 (СТ) Weeks (CC) $ A 12000 5000 B 3000 2000 3000 3 C 3 4000 D 3 6000 6 Total Direct Cost 9000 24000 23000

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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The table below shows the duration and direct costs for the activities of
a construction project. It is required to calculate the duration of the project that
achieves the lowest possible total cost using the technique of crashing if the
indirect costs are 5000$
per
week.
TITTI
Activity
Normal Time
Normal Cost
(NC) $
6000
Crash Cost
(CC) $
12000
5000
Crash Time
(NT) Weeks
(CT) Weeks
A
3
B
5
3000
2000
3
3
4000
6.
3000
3
6000
6.
9000
24000
Total Direct
23000
Cost
Transcribed Image Text:The table below shows the duration and direct costs for the activities of a construction project. It is required to calculate the duration of the project that achieves the lowest possible total cost using the technique of crashing if the indirect costs are 5000$ per week. TITTI Activity Normal Time Normal Cost (NC) $ 6000 Crash Cost (CC) $ 12000 5000 Crash Time (NT) Weeks (CT) Weeks A 3 B 5 3000 2000 3 3 4000 6. 3000 3 6000 6. 9000 24000 Total Direct 23000 Cost
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