The project network and associated costs (T in days, C in $1,000s) are shown below. Activity...
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The project network and associated costs (T in days, C in $1,000s) are shown below. Activity A B с H Start Normal T₁ 4 9 6 9 4 D 500 150 150 600 C B Ca 210 400 500 540 Te 3 6 4 7 1 4 3 6 Crash 280 640 600 600 1100 240 150 750 End Cost slope 70 80 50 30 200 90 150 a. Verify that the normal duration is 22 days and that the direct cost is $3,050. b. What is the least costly way to reduce the project duration to 21 days? What is the project cost? c. What is the least costly way to reduce the duration to 20 days? What is the project cost? d. Now, what is the earliest the project can be completed and what is the least costly way of doing this? What is the project cost? The project network and associated costs (T in days, C in $1,000s) are shown below. Activity A B с H Start Normal T₁ 4 9 6 9 4 D 500 150 150 600 C B Ca 210 400 500 540 Te 3 6 4 7 1 4 3 6 Crash 280 640 600 600 1100 240 150 750 End Cost slope 70 80 50 30 200 90 150 a. Verify that the normal duration is 22 days and that the direct cost is $3,050. b. What is the least costly way to reduce the project duration to 21 days? What is the project cost? c. What is the least costly way to reduce the duration to 20 days? What is the project cost? d. Now, what is the earliest the project can be completed and what is the least costly way of doing this? What is the project cost?
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SOLUTION a To verify the normal duration and direct cost we can sum up the normal durations and direct costs of all activities in the project network ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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