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Normal Time when Slope is Known Solution

STEP 0: Pre-Calculation Summary
Formula Used
normal_time = ((Crash cost-Normal cost)/Cost slope)+Crash time
NT = ((CC-NC)/CS)+CT
This formula uses 4 Variables
Variables Used
Crash cost- Crash cost is the cost associated when the project is completed with the crash time of the project.
Normal cost- The normal cost is the cost associated when the project is completed within the normal time.
Cost slope- The Cost slope is defined as the in­crease in the cost of the activity per unit decrease in the time.
Crash time - Crash time is the amount of time that activity will take if the additional resources are expended. (Measured in Day)
STEP 1: Convert Input(s) to Base Unit
Crash cost: 400 --> No Conversion Required
Normal cost: 300 --> No Conversion Required
Cost slope: 100 --> No Conversion Required
Crash time: 2 Day --> 172800 Second (Check conversion here)
STEP 2: Evaluate Formula
Substituting Input Values in Formula
NT = ((CC-NC)/CS)+CT --> ((400-300)/100)+172800
Evaluating ... ...
NT = 172801
STEP 3: Convert Result to Output's Unit
172801 Second -->2.00001157407407 Day (Check conversion here)
FINAL ANSWER
2.00001157407407 Day <-- Normal time
(Calculation completed in 00.031 seconds)

5 Other formulas that you can solve using the same Inputs

Normal Cost when Slope is Known
normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost) Go
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
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 Time when Slope is Known Formula

normal_time = ((Crash cost-Normal cost)/Cost slope)+Crash time
NT = ((CC-NC)/CS)+CT

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 Time when Slope is Known?

Normal Time when Slope is Known calculator uses normal_time = ((Crash cost-Normal cost)/Cost slope)+Crash time to calculate the Normal time, The Normal Time when Slope is Known defines the standard time that an estimator would allow for an activity to complete. . Normal time and is denoted by NT symbol.

How to calculate Normal Time when Slope is Known using this online calculator? To use this online calculator for Normal Time when Slope is Known, enter Crash cost (CC), Normal cost (NC), Cost slope (CS) and Crash time (CT) and hit the calculate button. Here is how the Normal Time when Slope is Known calculation can be explained with given input values -> 2.000012 = ((400-300)/100)+172800.

FAQ

What is Normal Time when Slope is Known?
The Normal Time when Slope is Known defines the standard time that an estimator would allow for an activity to complete. and is represented as NT = ((CC-NC)/CS)+CT or normal_time = ((Crash cost-Normal cost)/Cost slope)+Crash time. Crash cost is the cost associated when the project is completed with the crash time of the project, The normal cost is the cost associated when the project is completed within the normal time, The Cost slope is defined as the in­crease in the cost of the activity per unit decrease in the time and Crash time is the amount of time that activity will take if the additional resources are expended.
How to calculate Normal Time when Slope is Known?
The Normal Time when Slope is Known defines the standard time that an estimator would allow for an activity to complete. is calculated using normal_time = ((Crash cost-Normal cost)/Cost slope)+Crash time. To calculate Normal Time when Slope is Known, you need Crash cost (CC), Normal cost (NC), Cost slope (CS) and Crash time (CT). With our tool, you need to enter the respective value for Crash cost, Normal cost, Cost slope and Crash time 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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