Question

You have collected the data for a Time-Cost CPM Scheduling model analysis. The time is in days and the project "direct costs" are given below.

The indirect costs for the project are determined on a daily duration basis. If the project lasts 16 days the total indirect costs are $400, 15 days they will be $250, 14 days they will be $200 and 13 days they will be $100. If you crash this project by one day what is the total (i.e., direct and indirect) project cost?

Answer

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