Project duration in daysdirect costsoverhead costspenalty, Ask an Expert

Management Studies

Project Duration (in days)	Direct Costs	Overhead Costs	Penalty Charges	Total Costs
60	$125,000	$15,500	$50,000
57	140,000	13,000	35,000
54	175,000	10,500	20,000
51	210,000	8,000	5,000

a. Complete the table. How many days would you advise the project should be crashed? Why?

b. Suppose direct costs of crashing the project only increased $5,000 per day crashed at a steady rate (starting with $125,000 on Day 60).

How many days would you advise that the project be crashed? Show your work.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92761568

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