Question: b. What is the minimum-cost schedule? c. What is the critical path for the minimum-cost schedule? The Advanced Tech Company has a project to design

b. What is the minimum-cost schedule?
c. What is the critical path for the minimum-cost schedule?
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to $250 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 15. Activity Normal Time (days) Normal Cost ($) Immediate Predecessor(s) 4 A B 5 Crash Time (days) 3 3 3 2 4 5 D 800 1,000 500 1,200 1,500 1,300 900 300 Crash Cost ($) 1,000 2,200 1,500 1,500 1,500 1,400 1,000 500 3 E 4 . B C D E E G 2 1 F G H 3 1 3 5 a. What is the project's duration if only normal times are used? The project duration is day(s). (Enter your response as an integer.)Step by Step Solution
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