Question: 1. Using the information in the table, the project manager decided to complete the project in 17 days. What is the cost of crashing to

1. Using the information in the table, the

1. Using the information in the table, the project manager decided to complete the project in 17 days. What is the cost of crashing to achieve this goal?

2.If there is a penalty of $5,000 per day, what is the optimal completion time for completing the project (i.e., the saving from not paying the penalty ($5,000/day) is greater than crashing cost per day)?

3.When crashing the schedule, what is the shortest duration to complete the project?

Refer to the following table for the next five questions on schedule crashing. Predecessor Normal Crash Normal Crash Activity Name Time Time Cost Cost A B 8 6 B 5 3 $6,000 $9,000 $11,000 B 4. 3 A 5 4 $4,000 $5,000 $8,000 $5,000 $8,000 $3,000 $12,000 $7,000 C | | | | G 8 6 D, E, G 1 1 $11,000 $3,000 $27,000 10 5 01

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!