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Consider the following construction project.
If the indirect cost is Rs.20, find the optimal completion time of the project.
  • a)
    12
  • b)
    12
Correct answer is between ' 12, 12'. Can you explain this answer?
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Verified Answer
Consider the following construction project.If the indirect cost is R...
Paths are:
1‐ 2‐ 5 = 6 + 8 = 14
1‐ 2‐ 4‐ 5 = 6 + 5 + 2 = 13
1‐ 3‐ 4‐ 5 = 5 + 5 + 2 = 12
i) Total cost = Direct + Indirect Direct = 50 + 80 + 80 + 100 + 140 + 60 = 510
= 510 + 20 × 14
= 790 Rs
ii) Crash ′1‐ 2′activity by 2 day TC = 510 + 15 × 2 + 20 × 12
= 780
iii) Crash 2-5, 3-4 by 1 day TC = (510 + 15 × 2 + 100 × 1 + 20 × 1)+ 20 × 11
= 880
Cost is increasing so, we can stop Optimal duration is that when the total cost is minimum Optimal completion time = 12 days
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Most Upvoted Answer
Consider the following construction project.If the indirect cost is R...
Paths are:
1‐ 2‐ 5 = 6 + 8 = 14
1‐ 2‐ 4‐ 5 = 6 + 5 + 2 = 13
1‐ 3‐ 4‐ 5 = 5 + 5 + 2 = 12
i) Total cost = Direct + Indirect Direct = 50 + 80 + 80 + 100 + 140 + 60 = 510
= 510 + 20 × 14
= 790 Rs
ii) Crash ′1‐ 2′activity by 2 day TC = 510 + 15 × 2 + 20 × 12
= 780
iii) Crash 2-5, 3-4 by 1 day TC = (510 + 15 × 2 + 100 × 1 + 20 × 1)+ 20 × 11
= 880
Cost is increasing so, we can stop Optimal duration is that when the total cost is minimum Optimal completion time = 12 days
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Consider the following construction project.If the indirect cost is Rs.20, find the optimal completion time of the project.a) 12b) 12Correct answer is between ' 12, 12'. Can you explain this answer?
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