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	196	396
B	A	5	3	279	586
C	A	1	1	217	185
D	B and C	5	4	502	553
E	D	3	2	505	903

-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 $.

Thank you for your help with this question, it is appreciated! :)

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 3 202 383 B A 5 3 303 601...

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...

We are interested in estimating the mean life of a new product. How large a sample do we need to take to estimate the mean to within 1/10 of a standard deviation with 90% confidence?

Create a journal entry for these transactions: 1. January 2: The owners invested $200,000 into the business and acquired 25,000 shares of capital stock in return. 2. January 15: Herman and Sons' took...

What item is NOT used to calculate the federal income tax to be withheld by employers? a . Total Earnings b . Publication 1 5 ( Circular E ) c . W - 2 d . W - 4

What is an example of constructive feedback? provide reference