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What Is the Minimum Cost Completion Time for This Project

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What is the minimum cost completion time for this project if the activities have normal and crash costs as indicated and there is a $1,000 fixed cost for each day on site plus a $500 penalty for each activity that is crashed? The crash costs represent the cost of a fully expedited activity.For example,reducing activity Y from 13 days to 12 days costs an extra $100 on top of the $500 expediting cost for a total cost of $2,600.Reducing Y from 13 days to 10 days costs an extra $300 on top of the $500 expediting cost,for a total activity cost of $2,800.
What is the minimum cost completion time for this project if the activities have normal and crash costs as indicated and there is a $1,000 fixed cost for each day on site plus a $500 penalty for each activity that is crashed? The crash costs represent the cost of a fully expedited activity.For example,reducing activity Y from 13 days to 12 days costs an extra $100 on top of the $500 expediting cost for a total cost of $2,600.Reducing Y from 13 days to 10 days costs an extra $300 on top of the $500 expediting cost,for a total activity cost of $2,800.


Definitions:

Kingdom of Ghana

An ancient West African empire, known for its wealth in gold and trade networks, existing from around the 6th to 13th centuries AD.

Ethnic Communities

Groups of people sharing a common racial, national, tribal, religious, linguistic, or cultural origin or background.

West African Slavery

The capture and sale of people from West Africa into bondage, pivotal to the Atlantic slave trade from the 16th to the 19th century.

Land Ownership

The legal right of an individual or entity to possess, use, and control a distinct piece of land.

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