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

question 16

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

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Definitions:

Income Statement

A financial document that shows a company's revenue, expenses, and profits or losses over a specific period.

Total Revenues

The total amount of income generated by a business from its sales of goods or services before any expenses are subtracted.

Capital Account

An account showing the net worth of a business at a specific point, accounting for assets minus liabilities.

Statement of Owner's Equity

A financial document that summarizes the changes in the equity of a company over a period, including investments, withdrawals, and the net income or loss.

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