Question: Information for the Time-Cost Model Exercise Task Immediate Predecessors Normal Time (weeks) Crash Time (weeks) Normal Cost Crash Cost Crash cost per week A NONE
| Information for the Time-Cost Model Exercise | ||||||
| Task | Immediate Predecessors | Normal Time (weeks) | Crash Time (weeks) | Normal Cost | Crash Cost | Crash cost per week |
| A | NONE | 4 | 3 | $5,000 | $13,000 | $8,000 |
| B | A | 6 | 4 | $10,000 | $20,000 | $5,000 |
| C | A | 7 | 7 | $6,000 | $6,000 | |
| D | C | 8 | 6 | $4,000 | $8,000 | $2,000 |
| E | B & C | 9 | 7 | $4,000 | $9,000 | $2,500 |
| F | D & E | 5 | 4 | $5,000 | $9,000 | $4,000 |
| G | F | 4 | 3 | $3,000 | $6,000 | $3,000 |
Your firm needs to find a new supplier for a key raw material. The table below lists the steps that need to be complete. Due to unforeseen issues, you need to expedite the project in order to continue to supply your customers with the finished product you are producing with this key raw material. What is the first activity that should be crashed?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
Study Help