Question: Activity Immediate Predecessors Time Required (months) A Start 2 B A 3 C A 4 D B, C 6 E Start 3 F E 8

Activity

Immediate

Predecessors

Time Required

(months)

A

Start

2

B

A

3

C

A

4

D

B, C

6

E

Start

3

F

E

8

A luxury yacht manufacturer has decided that it wants the project to be completed one month earlier than can currently be achieved. A table of crashing data is presented below. Determine the minimum cost method of reducing the project completion time by one month. What is the critical path(s) for the new timeline?

Please show the work.

Activity

Time Required

(months)

Minimum Feasible

Time (months)

Cost to Shorten

($ per month)

A

2

1

$500,000

B

3

2

$200,000

C

4

3

$250,000

D

6

5

$400,000

E

3

2

$100,000

F

8

7

$600,000

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