Normal Cost given Slope Solution

STEP 0: Pre-Calculation Summary
Formula Used
Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time))
NC = CC-(CS*(NT-CT))
This formula uses 5 Variables
Variables Used
Normal Cost - Normal Cost is the cost associated when the project is completed within the normal time.
Crash Cost - Crash Cost is the cost associated when the project is completed with the crash time of the project.
Cost Slope - The Cost Slope is defined as the in­crease in the cost of the activity per unit decrease in the time.
Normal Time - (Measured in Day) - Normal Time is the amount of time initially planned to complete the activity.
Crash Time - (Measured in Day) - Crash Time is the amount of time that activity will take if the additional resources are expended.
STEP 1: Convert Input(s) to Base Unit
Crash Cost: 400 --> No Conversion Required
Cost Slope: 100 --> No Conversion Required
Normal Time: 7 Day --> 7 Day No Conversion Required
Crash Time: 6 Day --> 6 Day No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
NC = CC-(CS*(NT-CT)) --> 400-(100*(7-6))
Evaluating ... ...
NC = 300
STEP 3: Convert Result to Output's Unit
300 --> No Conversion Required
FINAL ANSWER
300 <-- Normal Cost
(Calculation completed in 00.020 seconds)

Credits

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Created by Chandana P Dev
NSS College of Engineering (NSSCE), Palakkad
Chandana P Dev has created this Calculator and 500+ more calculators!
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Verified by Mithila Muthamma PA
Coorg Institute of Technology (CIT), Coorg
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Time Cost Relation Calculators

Crash Time given Slope
​ LaTeX ​ Go Crash Time = -(((Crash Cost-Normal Cost)/Cost Slope)-Normal Time)
Crash Cost given Cost Slope
​ LaTeX ​ Go Crash Cost = (Cost Slope*(Normal Time-Crash Time))+Normal Cost
Normal Cost given Slope
​ LaTeX ​ Go Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time))
Cost Slope
​ LaTeX ​ Go Cost Slope = (Crash Cost-Normal Cost)/(Normal Time-Crash Time)

Normal Cost given Slope Formula

​LaTeX ​Go
Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time))
NC = CC-(CS*(NT-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 Cost given Slope?

Normal Cost given Slope calculator uses Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time)) to calculate the Normal Cost, The Normal Cost given Slope formula is defined as the direct cost required to complete the activity within normal time. Normal Cost is denoted by NC symbol.

How to calculate Normal Cost given Slope using this online calculator? To use this online calculator for Normal Cost given Slope, enter Crash Cost (CC), Cost Slope (CS), Normal Time (NT) & Crash Time (CT) and hit the calculate button. Here is how the Normal Cost given Slope calculation can be explained with given input values -> 300 = 400-(100*(604800-518400)).

FAQ

What is Normal Cost given Slope?
The Normal Cost given Slope formula is defined as the direct cost required to complete the activity within normal time and is represented as NC = CC-(CS*(NT-CT)) or Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time)). Crash Cost is the cost associated when the project is completed with the crash time of the project, 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.
How to calculate Normal Cost given Slope?
The Normal Cost given Slope formula is defined as the direct cost required to complete the activity within normal time is calculated using Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time)). To calculate Normal Cost given Slope, you need Crash Cost (CC), Cost Slope (CS), Normal Time (NT) & Crash Time (CT). With our tool, you need to enter the respective value for Crash Cost, Cost Slope, Normal Time & 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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