Advanced Tech Company has a project to design an integrated information database for a major bank. The
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Question:
Advanced Tech Company has a project to design an integrated information database for a major bank. The project data is given in the following table. The indirect costs of the project amount to $ 250 per day. The company will incur a penalty of $ 200 per day for each day the project lasts beyond the 17th day.
Activity | normal time (days) | Normal cost ($) | Fall time (days) | Accident cost ($) | immediate predecessor |
---|---|---|---|---|---|
A | 4 | 800 | 3 | 1000 | - |
B | 5 | 1000 | 3 | 2200 | - |
C | 5 | 500 | 3 | 1500 | one, b |
D | 3 | 1200 | 2 | 1500 | B |
mi | 4 | 1500 | 4 | 1500 | CD |
F | 2 | 1300 | 1 | 1400 | mi |
GRAMS | 3 | 900 | 1 | 1000 | mi |
H | 5 | 300 | 3 | 500 | GRAMS |
a. What is the duration of the project if only normal times are used? 22 days (I did it correctly)
b. What is the minimum cost program?
Using the least cost schedule, the duration of the project is ____ day(s).?
Related Book For
Operations Management Processes and Supply Chains
ISBN: 978-0132807395
10th edition
Authors: Lee J. Krajewski, Larry P. Ritzman, Manoj K. Malhotra
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