Question: Consider the project described by the table below where all durations are in days and, the normal and crash costs are in Ghana Cedis. In

Consider the project described by the table below where all durations are in days and, the normal and crash costs are in Ghana Cedis. In addition, there is a fixed cost of GHS1000 for each day on site. Activity Code Activity Predecessor Normal Time Normal Cost (GHS) Crash Time Crash Cost (GHS) 1 A None 2 2,000 2 2,000 2 B None 13 2,000 10 2,300 3 C None 19 2,000 15 3,600 4 D A 18 2,000 15 3,200 5 E B 13 2,000 11 3,000 6 F C 10 2,000 9 3,000 7 G D 18 2,000 14 4,000 8 H E 6 2,000 5 3,000 9 I F 4 2,000 3 3,000 10 J G 13 2,000 12 3,000 11 K H,I 15 2,000 13 3,000 12 L J,K 4 2,000 4 2,000 For the questions that follow, use the activity codes in place of the activity. For instance, activity B should be written as activity 2. That is, 2 stands for B. Thus, a critical path of say, CBJ must be written as 3210 in the space provided. Note: All answers must be in numeric form, This is why activities are given number codes. i. The latest start time for activity K in order to complete the project on time is day Blank 1. Fill in the blank, read surrounding text. . ii. The number of days for which activity H could be delayed without delaying the project is Blank 2. Fill in the blank, read surrounding text. days. iii. The project completion time is Blank 3. Fill in the blank, read surrounding text. days. iv. The critical path of the project (in terms of the activity codes, and in the right order) is Blank 4. Fill in the blank, read surrounding text. v. The total cost of the project within the normal time frame is GHS Blank 5. Fill in the blank, read surrounding text. vi. If the project manager would want to save cost by taking advantage of the daily indirect cost, then the earliest permissible time the project would be completed is in Blank 6. Fill in the blank, read surrounding text. days. vii. The total cost of the project if the project manager undertakes the action in question (vi) is GHS Blank 7. Fill in the blank, read surrounding text. . viii. If the project has to be completed in 47 days, then the activity/activities to crash when on day 48 in order to achieve the 47 days (using activity codes, and listing the smallest first) is Blank 8. Fill in the blank, read surrounding text. . For example, if the activities to crash to get to day 47 when on day 48 is C,I, provide the answer as 39. ix. The minimum total cost of the project if it has to be completed in 47 days through crashing is GHS Blank 9. Fill in the blank, read surrounding text.

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!