Calculate the total cost for this project\'s schedule including additional costs

Question

Calculate the total cost for this project's schedule including additional costs due to crashing?

The diagram below was developed for the project launch of Kitty Condo, a new product in the luxury cat cage market. Suppose that you are interested in finding ways to speed up the project at minimal additional cost. Determine the schedule for completing the project in 28 days at minimum cost. Penalty and project overhead costs are negligible. Time and cost data for each activity are shown below Normal Crash Time Cost (S) (days) Time Activity (days) Cost (S) Diagram 1,300 1,050 3,000 2,000 650 700 1,550 600 2,200 2,500 1,165 4,600 2,600 1,100 1,100 2,050 12 12 4,900 Fill in the table below to show the proper schedule for completing the project in 28 days at minimum cost (i.e., the activity times with crashing for each activity). (Enter your responses as whole numbers.) Time according to schedule (days) Time according to schedule (days) Activity Activity 12 12 Calculate the total cost for this project's schedule Total cost-$. (Enter your response as a whole number.)

Explanation / Answer

Total cost of the project's schedule , $

= Sum of Normal costs of activities A to E

= 1300 + 1050 + 3000 + 2000 + 650 + 700 + 1550 + 600 + 2200

= $ 13050

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