The following given information on a project (T in days) Normal Crash Activity Predecessors Slope (crash cost
Fantastic news! We've Found the answer you've been seeking!
Question:
The following given information on a project (T in days)
Transcribed Image Text:
Normal Crash Activity Predecessors Slope (crash cost per day) Maximum Time Direct Time Direct Crash Time Cost Cost Start 50 80 0. 4. 4. 50 $40 3 2 120 180 200 1 S60 $60 2 3 5 7 3 4. 60 D A 20 E $80 $30 200 160 170 2. 6. 40 4 F 2. 100 20 3 5 D, E, F $150 6. a. Draw an appropriate network diagram b. Use the forward pass/backward pass method to find the earliest start and finish, latest start and finish, and slack for each activity and identify the critical path. c. Under normal conditions, what is the earliest the project can be completed? d. What is the critical path? e. What is the total direct cost under normal conditions? f. If indirect costs are $100 per day, what is the optimal number of days that the project should be crashed? Normal Crash Activity Predecessors Slope (crash cost per day) Maximum Time Direct Time Direct Crash Time Cost Cost Start 50 80 0. 4. 4. 50 $40 3 2 120 180 200 1 S60 $60 2 3 5 7 3 4. 60 D A 20 E $80 $30 200 160 170 2. 6. 40 4 F 2. 100 20 3 5 D, E, F $150 6. a. Draw an appropriate network diagram b. Use the forward pass/backward pass method to find the earliest start and finish, latest start and finish, and slack for each activity and identify the critical path. c. Under normal conditions, what is the earliest the project can be completed? d. What is the critical path? e. What is the total direct cost under normal conditions? f. If indirect costs are $100 per day, what is the optimal number of days that the project should be crashed?
Expert Answer:
Answer rating: 100% (QA)
Answer a Pls refer to the explanation section below b Pls refer to the explanation section below c Under normal conditions the earliest the project can be completed is in 20 days d The critical path i... View the full answer
Related Book For
Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
Posted Date:
Students also viewed these general management questions
-
The average number of days that a house was on the market in Austin, Texas, in January 2013 was 71 days. Assume the time on the market follows an exponential probability distribution. a. What is the...
-
What is the probability that the project can be completed in 14 days?
-
What are the earliest activity start time and latest activity start time? How are they computed?
-
A management team can gain additional insight on company performance by comparing ___________ against _____________. Question content area bottom Part 1 A. budgets, flexible budget B. actual results,...
-
AMX Department Store's overhead totaled $12,000 during one month. The sales by department for the month were as follows: cameras, $12,000; toys, 114,000; hardware, $13,500; garden supplies, $8,400;...
-
Are the McGuires entitled to a jury trial?
-
Match the measures of worth in the first column with one (or more) of the analysis approaches that is (are) appropriate for that measure. Measure of Worth (a) Annual Worth (b) External Rate of Return...
-
The following data relate to the operations of Shilow Company, a wholesale distributor of consumer goods: (a) The gross margin in 25% of sales (b) Actual and budgeted sales data: (c) Sales are 60%...
-
Lab-created diamonds have become an alternative to traditionally mined diamonds. There are concerns, however, that these artificial diamonds may undermine diamond values and the reputation of natural...
-
Pro-Craft Company computed the following activity rates to allocate overhead cost for the year. Activity Materials handling Quality inspection Activity Rate $ 65 per materials requisition $ 55 per...
-
Your analytics package reports the following dates of visit for a customer to your site this year: 10/10; 10/23; 10/23;11/3;11/9;11/19; what is your frequency of visit
-
Champion Bakers uses specialized ovens to bake its bread One oven costs $860,000 and lasts about 3 years before it needs to be replaced The annual operating cost per oven is $11,000 What is the...
-
Macintyre says "the distinction between civil and criminal law is fundamental to English Law" with reference to this statement discuss the various differences between civil and criminal law. ?
-
How do leaders vary by the roles they perform and the amount of power they possess?
-
explain the process of DNA recombination, including the roles of recombinases and the different types of recombination events such as homologous recombination and non-homologous end joining?
-
toyo Manufacturing has 1,000,000 shares of common stock outstanding at a market price of $40.20 a share. Last month, the company paid an annual dividend in the amount of $2.34 per share. The dividend...
-
Question 3 Determine the magnitude of a $10 price floor in the hamburger market (S) 25 20 15 10 5 8 10 12 14 16 18 Q (units) (Write the letter of the correct answer below) A shortage of 8 units B...
-
Match the following. Answers may be used more than once: Measurement Method A. Amortized cost B. Equity method C. Acquisition method and consolidation D. Fair value method Reporting Method 1. Less...
-
You have $1,000,000 worth of equipment at the job site and wish to minimize your risk of direct property damage by taking out an insurance policy. The insurance company provides you with its...
-
Should time robbers be added to direct labor standards for pricing out work?
-
Decide whether you agree or disagree that, in the management of people, the project manager: Must convert mistakes into learning experiences. Acts as the lubricant that eases the friction (i.e.,...
-
Using Mendels data from the experiment in Figure 2.8, conduct a chi square test to determine if the data agree with Mendels law of independent assortment. Mendels data: THE DATA P cross F1 generation...
-
On rare occasions, an organism may have three copies of a chromosome and therefore three copies of the genes on that chromosome (instead of the usual number of two copies). The alleles for each gene...
-
Explain how the miR-200 family of miRNAs behave as tumorsuppressor genes. What happens when their expression is blocked or decreased?
Study smarter with the SolutionInn App