Draw the total expenses vs. time curve, Finance Basics

For the set of activities shown in the table below, draw the total expenses vs. time curve using the following data:

The labor rates are as follows:

Labor # 1 (L1) rate = 30 LE/day

Labor # 2 (L2) rate = 40 LE/day

Labor # 3 (L3) rate = 35 LE/day

Labor # 4 (L4) rate = 25 LE/day

Labor # 5 (L5) rate = 15 LE/day

Activity

Dependence

Duration

Material & Equipment Cost

Daily Labor Requirements

 

L1

L2

L3

L4

L5

A

-----

3

3000

1

 

2

 

2

B

A

5

6000

1

 

3

 

 

C

A

4

2400

 

 

 

 

2

D

B

8

4000

1

2

2

 

 

E

C

11

4400

 

3

 

2

 

F

C, D

8

4000

 

2

 

 

3

G

 D

7

2100

 

2

 

2

 

H

E, G

6

3600

 

 

5

 

2

I

F

10

1500

2

3

 

1

 

J

H, F

4

1800

 

3

3

1

 

K

J

6

1200

 

 

4

3

2

L

H

5

4000

1

 

3

 

3

M

J

7

1400

 

 

 

2

2

N

L, M

4

2000

 

1

 

3

2

O

 N

5

1000

2

1

 

1

 

Posted Date: 7/23/2012 9:50:43 PM | Location : United States







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