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Normal Cost when Slope is Known Solution

STEP 0: Pre-Calculation Summary
Formula Used
normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost)
NC = -((CS*(NT-CT))-CC)
This formula uses 4 Variables
Variables Used
Cost slope- The Cost slope is defined as the in­crease in the cost of the activity per unit decrease in the time.
Normal time - Normal time is the amount of time initially planned to complete the activity. (Measured in Day)
Crash time - Crash time is the amount of time that activity will take if the additional resources are expended. (Measured in Day)
Crash cost- Crash cost is the cost associated when the project is completed with the crash time of the project.
STEP 1: Convert Input(s) to Base Unit
Cost slope: 100 --> No Conversion Required
Normal time: 3 Day --> 259200 Second (Check conversion here)
Crash time: 2 Day --> 172800 Second (Check conversion here)
Crash cost: 400 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
NC = -((CS*(NT-CT))-CC) --> -((100*(259200-172800))-400)
Evaluating ... ...
NC = -8639600
STEP 3: Convert Result to Output's Unit
-8639600 --> No Conversion Required
FINAL ANSWER
-8639600 <-- Normal cost
(Calculation completed in 00.031 seconds)

5 Other formulas that you can solve using the same Inputs

Crash Time when Slope is Known
crash_time = -(((Crash cost-Normal cost)/Cost slope)-Normal time) Go
Crash Cost when Cost Slope is Known
crash_cost = (Cost slope*(Normal time-Crash time))+Normal cost Go
Normal Time when Slope is Known
normal_time = ((Crash cost-Normal cost)/Cost slope)+Crash time Go
Cost Slope
cost_slope = (Crash cost-Normal cost)/(Normal time-Crash time) Go
Crashing
cost_slope = (Crash cost-Normal cost)/(Normal time-Crash time) Go

Normal Cost when Slope is Known Formula

normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost)
NC = -((CS*(NT-CT))-CC)

What is Cost Optimization?

The Cost Optimization is a process that should be carried out throughout the construction period to ensure that the cost of the building is kept within the estimated cost limits. Cost optimization of a project involves the collecting and measuring the cost record of a project and the work progress.

How to Calculate Normal Cost when Slope is Known?

Normal Cost when Slope is Known calculator uses normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost) to calculate the Normal cost, The Normal Cost when Slope is Known defines the direct cost required to complete the activity with normal time. Normal cost and is denoted by NC symbol.

How to calculate Normal Cost when Slope is Known using this online calculator? To use this online calculator for Normal Cost when Slope is Known, enter Cost slope (CS), Normal time (NT), Crash time (CT) and Crash cost (CC) and hit the calculate button. Here is how the Normal Cost when Slope is Known calculation can be explained with given input values -> -8639600 = -((100*(259200-172800))-400).

FAQ

What is Normal Cost when Slope is Known?
The Normal Cost when Slope is Known defines the direct cost required to complete the activity with normal time and is represented as NC = -((CS*(NT-CT))-CC) or normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost). The Cost slope is defined as the in­crease in the cost of the activity per unit decrease in the time, Normal time is the amount of time initially planned to complete the activity, Crash time is the amount of time that activity will take if the additional resources are expended and Crash cost is the cost associated when the project is completed with the crash time of the project.
How to calculate Normal Cost when Slope is Known?
The Normal Cost when Slope is Known defines the direct cost required to complete the activity with normal time is calculated using normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost). To calculate Normal Cost when Slope is Known, you need Cost slope (CS), Normal time (NT), Crash time (CT) and Crash cost (CC). With our tool, you need to enter the respective value for Cost slope, Normal time, Crash time and Crash cost and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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