Question: Activity Immediate Predecessor(s) Normal Time (wks) Crash Time (wks) Normal Cost ($) Crash Cost ($) A 4 1 5,000 8,000 B 5 3 8,000 10,000

Activity

Immediate Predecessor(s)

Normal Time (wks)

Crash Time (wks)

Normal Cost ($)

Crash Cost ($)

A

4

1

5,000

8,000

B

5

3

8,000

10,000

C

A

1

1

4,000

4,000

D

B

6

3

6,000

12,000

E

B, C

7

6

4,000

7,000

F

D

7

6

4,000

7,000

  1. You are the manager of a project to improve a billing process at your firm. Table 3 contains the data you will need to conduct a cost analysis of the project. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after week 12.
    1. What is the minimum-cost schedule for this project?
    2. What is the difference in total project costs between the earliest completion time of the project using normal times and the minimum-cost schedule you derived in part (a)? minimum- cost schedule derived in part A was = 15 weeks.

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