Question: Given the following project: Activity Crash Cost Predecessor Normal Time (day) Normal Cost ($) Crash Time (day) ($) 2 1300 4 10 800 1200 1100

Given the following project: Activity Crash Cost

Given the following project: Activity Crash Cost Predecessor Normal Time (day) Normal Cost ($) Crash Time (day) ($) 2 1300 4 10 800 1200 1100 1000 2400 1700 A 1600 8 3000 2000 900 D A,B 10 F CD / 5 (a) Draw the network and find the critical path duration of the project, total cost of project using normal times. (b) Calculate the maximum time reduction and crash cost-per-day (all activities may be partially crashed) for each activity. Then fill the table below. (Note: Activity "F" cannot be crashed) Activity Maximum Time Reduction (day) Cost to Crash per Period ($/day) E (c) Find the optimal way of getting a 20-day delivery time. What is the project cost? (d) Find the optimal way of getting a 18-day delivery time. What is the project cost

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!

Given the following project: Crash Cost Activity Predecessor Normal Time (day) Normal Cost ($) Crash Time (day) ($) A 10 5000 10 5000 B 12 11 11 9 1200 3600 300 1000 1300 4800 600 D 5 4 A,B D,E,F E 8...

i would really appreciated if answer this question quickly thank you all for help. Given the following project: Crash Cost Activity Predecessor Normal Time (dayl Normal Cost (S) Crash Time (day) (5)...

Please solve the question step by step Part A,B,C thanks for solution Given the following project: Activity Predecessor Normal Time Normal Cost (day) ($) Crash Time Crash Cost (day) ($) 10 A B 10 12...

QUESTIONS 0.5 points The organization culture is more important than the formal project management structure for project success. O True Save False QUESTION 10 3 points Save An Refer To the following...

The project manager has the following data and seeks to determine the minimum cost schedule. The indirect project costs are $250 per day, and there is also a penalty cost = $100 per day for each day...

PMT472 3.2 ASSIGNMENT: WEEK 3 EXERCISES CH. 9 EXERCISE & Use the following information to compress one time unit per move using the least-cost method." Reduce the schedule until you reach the crash...

QUESTION ONE: (20 MARKS) a) Kaguta, an experienced project manager for a construction project was struggling to bring back to life a building that had stalled for some years due to scarcity of funds....

3. Consider the following network for conducting a two-week (10 working days) computer training class: N 2 A 00 B 3 7 1 4 E 2 5 D C 6 3 3 (a) Construct a schedule showing ESTs for all activities LSTs...

All info given is attached to the question please help HOMEWORK #3 Given the following project: Activity Predecessor Normal Time (day) Normal Cost ($) Crash Time (day) Crash Cost ($) A 4 800 2 1300 B...

Country Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include: Depreciation on sales office $ 9,000 Depreciation on factory equipment...

For a nominal rate of 5.9%, determine the compounding frequency if the periodic interest rate is: a. 2.95%. b. 0.4916%. c. 1.475%.

Fernand purchased a $ 1 0 0 , 0 0 0 whole life insurance policy on his sonJacob when he was born. The policy includes several riders and supplementary benefits. When Jacob turned 2 5 , Fernand...

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...