Question: 5. Here are the data for a time-cost CPM scheduling model analysis. The time is in days and the costs include both direct and indirect

5. Here are the data for a time-cost CPM

5. Here are the data for a time-cost CPM scheduling model analysis. The time is in days and the costs include both direct and indirect costs. Activity B D E Immediate Normal Crash Normal Predecessor Time Time Cost None 3 2 $200 A 4 3 $300 A 1 1 $200 B and C 3 2 $500 D 2 1 $500 Crash Cost $400 $600 $200 $550 $900 a. What is the total time of this project and total normal cost? b. What is the first activity you would crash to save 1 day? c. What is the second activity you would crash to save an additional day? d. Explain your rationale for b. and c

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!