Question

What is the minimum completion cost of this project if there is a penalty of $1000 for each day the project lasts longer than 27 days

Answer 1

Answer:

$27,000

Explanation:

Assuming the minimum cost per day is the same as the penalty for each day the project lasts longer than 27days which is $1,000

Mininum completion cost = 27 × $1,000 = $27,000