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Normal Cost given Slope Formula

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Normal Cost is the cost associated when the project is completed within the normal time. Check FAQs

NC = CC - (CS \cdot (NT - CT))

NC - Normal Cost?CC - Crash Cost?CS - Cost Slope?NT - Normal Time?CT - Crash Time?

Normal Cost given Slope Example

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Here is how the Normal Cost given Slope equation looks like with Values.

Here is how the Normal Cost given Slope equation looks like with Units.

Here is how the Normal Cost given Slope equation looks like.

300 = 400 - (100 \cdot (7 - 6))

300 = 400 - (100 \cdot (7d - 6d))

300 = 400 - (100 \cdot (7 - 6))

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Normal Cost given Slope Solution

Follow our step by step solution on how to calculate Normal Cost given Slope?

FIRST Step Consider the formula

NC = CC - (CS \cdot (NT - CT))

Next Step Substitute values of Variables

∴

NC = 400 - (100 \cdot (7d - 6d))

Next Step Prepare to Evaluate

∴

NC = 400 - (100 \cdot (7 - 6))

LAST Step Evaluate

∴

NC = 300

Normal Cost given Slope Formula Elements

Variables

Normal Cost

Normal Cost is the cost associated when the project is completed within the normal time.

Symbol: NC

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Normal Cost

Crash Cost

Crash Cost is the cost associated when the project is completed with the crash time of the project.

Symbol: CC

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Crash Cost

Cost Slope

The Cost Slope is defined as the increase in the cost of the activity per unit decrease in the time.

Symbol: CS

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost Slope

Normal Time

Normal Time is the amount of time initially planned to complete the activity.

Symbol: NT

Measurement: TimeUnit: d

Note: Value should be greater than 0.

Formulas to find Normal Time

Crash Time

Crash Time is the amount of time that activity will take if the additional resources are expended.

Symbol: CT

Measurement: TimeUnit: d

Note: Value should be greater than 0.

Formulas to find Crash Time

Other formulas in Time Cost Relation category

Go Cost Slope

CS = \frac{CC - NC}{NT - CT}

Go Crash Cost given Cost Slope

CC = (CS \cdot (NT - CT)) + NC

Go Crash Time given Slope

CT = - ((\frac{CC - NC}{CS}) - NT)

Go Normal Time given Slope

NT = (\frac{CC - NC}{CS}) + CT

How to Evaluate Normal Cost given Slope?

Normal Cost given Slope evaluator uses Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time)) to evaluate 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 evaluate Normal Cost given Slope using this online evaluator? To use this online evaluator for Normal Cost given Slope, enter Crash Cost (CC), Cost Slope (CS), Normal Time (NT) & Crash Time (CT) and hit the calculate button.

FAQs on Normal Cost given Slope

What is the formula to find Normal Cost given Slope?

The formula of Normal Cost given Slope is expressed as Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time)). Here is an example- 300 = 400-(100*(604800-518400)).

How to calculate Normal Cost given Slope?

With Crash Cost (CC), Cost Slope (CS), Normal Time (NT) & Crash Time (CT) we can find Normal Cost given Slope using the formula - Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time)).

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Normal Cost given Slope Formula

Normal Cost given Slope Example

Normal Cost given Slope Solution

Normal Cost given Slope Formula Elements

Other formulas in Time Cost Relation category

How to Evaluate Normal Cost given Slope?

FAQs on Normal Cost given Slope

Variable Name