Question: Consider the project described below: Indirect project costs = $2,000 per day. (No Late Completion Penalties exist for this project) Immed Pred(s) Acitvity A Time

Consider the project described below: Indirect

Consider the project described below: Indirect project costs = $2,000 per day. (No Late Completion Penalties exist for this project) Immed Pred(s) Acitvity A Time (days) 6 5 2 Max Crash (days) 1 B A B Normal Cost ($) $ 1,000 $ 12,000 $ 5,000 $ 25,000 $ 10,000 $ 1,500 $ 5,000 $ 59,500 Crash Time Crash Cost Crash Cost (days) ($) per Day 5 $ 1,250 $ 250 Can't be crashed 1 $ 5,500 $ 500 5 $ 30,000 $ 1,250 3 $ 13,000 $ 1,000 2 $ 4,500 $ 3,000 2 $ 12,000 $ 3,500 1 D 9 4 E B, D 6 3 F 3 1 G E, F 4 2 Diagram: C (2) F (3) B A (6) (5) E (6) FINISH START (4) D (9) Find the minimum cost schedule, by crashing activities that reduce total project cost. * Complete the table below and fill in the two blanks at the bottom. Be sure to type "Stop" in the row where you stopped crashing on. The number of rows may be more than what you need. PATH Durations Activity to Crash Additional Cost Cost Savings Net Savings ABCFG ABEG DEG 20 21 19 The minimum cost schedule reduces the project duration by days and saves dollars from the original normal cost of the project

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