Question: Consider the following information about a small project: Use the table below: Find a cost-effective way to reduce the completion time by 3 days. What

Consider the following information about a small project:

Use the table below:

Find a cost-effective way to reduce the completion time by 3 days.

What is the critical path by forward and backward paths? ABDG

For the tasks that are not on the critical path, task F has the longest slack.

Following the previous question, the task with the longest slack has a slack of 5 days.

The duration of the project is 25 days.

1.

Step 1: Accelerate task(s) ____ day(s)

2.

Step 2: Accelerate task(s) ____ day(s)

3.

Step 3: Accelerate task(s) ____ day(s)

Task

Duration (days)

Immediate Predecessors

Shortest Time Possible

Acceleration Cost per day

A

5

None

4

$6,500

B

10

A

9

$5,000

C

8

A

7

$7,000

D

6

B

3

$6,000

E

7

C

6

$6,000

F

3

C

2

$7,000

G

4

D,E,F

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