Question: 1. What is the expected project duration before crashing any activities ? 2. What is the cost of the third crash ? 3. what is
1. What is the expected project duration before crashing any activities ? 2. What is the cost of the third crash ? 3. what is the cost of the sixth crash ? 4. What is the total cost of all crashes that should be done to minimize cost ?
5. How much should be spent on penalties?
Chuck's Custom Boats (CCB) builds customer luxury yachts. CCB has landed a contract with a mysterious New York real estate developer, Mr. T. Relevant data on the project are shown below. The complication is that Mr. T wants delivery in 30 weeks or he will impose a penalty of $250 for each week his yacht is late. Determine the lowest cost plan for crashing this project. Note: All numbers are in thousands, but keep them that way (i.e., don't enter the last three zeros). What is the expected project duration before crashing any activities? Immediate # Possible Crash Cost Activity Normal Time (weeks) Predecessor Crashes Per Week 10 1 175 K 8 2 45 L 5 2 60 M K 4 2 20 N 6 N 55 P MN 5 2 265 Q N 1 70 Y P 8 2 35 N O 6 1 95Step by Step Solution
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