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 here. 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.
At what day do we achieve the lowest total project cost (i.e., direct plus indirect costs) ?

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 here.

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.
At what day do we achieve the lowest total project cost (i.e., direct plus indirect costs) ?

Quizplus · Accepted Answer

The Answer of 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 here. 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. At what day do we achieve the lowest total project cost (i.e., direct plus indirect costs)? A) 16 days B) 15 days C) 14 days D) 13 days E) 12 days

You Have Collected the Data for a Time-Cost CPM Scheduling