Question: Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days. Activity Immediate Predecessor Normal Time Crash Time Normal Cost

Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days.

Activity	Immediate Predecessor	Normal Time	Crash Time	Normal Cost	Crash Cost
A	None	4	3	202	383
B	A	5	3	303	601
C	A	1	1	190	285
D	B and C	5	4	509	543
E	D	4	2	502	898

What is the total time of this project? Please give your answer in days

What are the total normal cost of this project? Please give your answer in $.

If you crash this project to reduce the total time by one day (keeping the cost as low as possible), what is the total cost of the project? Please give your answer in $.

If you crash this project to reduce the total time by three days (keeping the cost as low as possible), what is the total cost of the project? Please give your answer in $.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days. Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash Cost A None 4 3 185 391 B A 4 3 322 609...

Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days. Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash Cost A None 4 3 196 396 B A 5 3 279 586...

Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days. Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash Cost A None 4 3 192 398 B A 3 297 595 A...

Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days. Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash Cost > None Band C mo 502 892 If you...

TB MC Qu. 4-69 Here are the data for a... Here are the data for a time-cost CPM scheduling model analysis. The time is in days and the costs include both direct and indirect costs. TB MC Qu. 4-69...

3. Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days and the costs include both direct and indirect costs. If you crash this project to reduce the total time by...

Below are the data for a Time - Cost CPM Scheduling model analysis. The time is in days and the costs include both direct and indirect costs. What are the total time of this project and total normal...

49. Below are the data for a Time-Cost CPM Scheduling model analysis. The time is in days and the costs include both direct and indirect costs. Activity A B D E Immediate Predecessor None A A B and C...

Here are the data for a time - cost CPM scheduling model analysis. The time is in days and the costs include both direct and indirect costs. Activity Immediate Predecessor Normal Time Crash Time...

Explain why contribution margin per unit becomes profit per unit above the break-even point.

Read the case study Parmalat and the following topics: (1) How Cash connects with everything Else: Understanding the Statement of Cash flows. (2) Cash flows: Horse Vet LLC: Transaction Analysis and...

Paul Golding and his wife, Nancy, established Crunchy Chips in 1960. Since its inception, the company has established distribution channels in 11 western states, with production facilities in Utah,...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...