Question: Answer the following questions using the tabulated project data. Project Preceding Phase Phase Normal Time Normal Cost Crash Time Crash Cost Variance of Duration A

Answer the following questions using the

Answer the following questions using the tabulated project data. Project Preceding Phase Phase Normal Time Normal Cost Crash Time Crash Cost Variance of Duration A 40 30 10 B A 53 50 9 A 60 30 600 $9,000 15,000 7,500 20,000 12,000 6,000 $12,000 15,300 6,000a 22,000 15,000 7,000 D A 35 30 25 E 28 20 40 C,D B, E F 30 27 30 a Crashing of this activity results in significant savings in direct labor cost. a. There is a penalty of $3,000/day beyond the normal PERT duration. Perform a crashing analysis to compare total normal cost to total crash cost. First crash only the critical activities; then crash all activities. b. Find the probability that the total lateness penalty will be less than $3,000. c. Find the probability that the total lateness penalty will be $3,000 or less. d. Find the probability that the total lateness penalty will be greater than $3,000. e. Find the probability that the total lateness penalty will be less than $9,000

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