sing earliest start times, determine Fred’s total monthly budget. Construct a full table to show the correct budget. (This takes up space so start on the left and use both pages or turn the page landscape (wide).)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
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Question

Fred Ridgeway has been given the responsibility of managing a training and development program. He knows the earliest start time, the latest start time, and the total costs of each activity. The information is given in the table. (The Latest start time is not given since you are not being asked to determine the budget based on that.)

Using earliest start times, determine Fred’s total monthly budget.

Construct a full table to show the correct budget.

(This takes up space so start on the left and use both pages or turn the page landscape (wide).)

 

Activity

ES
(months)

LS

Time
(months)

TOTAL COST
($1,000s)

A

0

-

6

12

B

2

-

3

7

C

4

-

7

6

D

4

-

4

12

E

6

-

5

5

F

12

-

2

5.5

G

11

-

4

8

H

13

-

3

4

I

7

-

6

2

J

7

-

4

6

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