The following table describes a consulting project. Normal Required Time (Week) Activity A B C D...
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The following table describes a consulting project. Normal Required Time (Week) Activity A B C D (2) E F G Preceding Activities A A B C B, C D, E, F 2 5 4 4 3 5 3 Crash Required Time (Week) 1 2 2 2 1 3 1 Total Normal Cost (HK$) 1,000 2,000 2,000 3,000 1,500 4,000 3,000 Total Crash Cost (HK$) 4,200 5,600 5,200 5,000 2,500 7,600 10,000 (a) What is/are the critical path(s) and the estimated completion time? (b) Suppose there is HK$3,000 saving for each week shorter than the estimated completion time of the project. Which tasks would be shortened in the optimal solution? The following table describes a consulting project. Normal Required Time (Week) Activity A B C D (2) E F G Preceding Activities A A B C B, C D, E, F 2 5 4 4 3 5 3 Crash Required Time (Week) 1 2 2 2 1 3 1 Total Normal Cost (HK$) 1,000 2,000 2,000 3,000 1,500 4,000 3,000 Total Crash Cost (HK$) 4,200 5,600 5,200 5,000 2,500 7,600 10,000 (a) What is/are the critical path(s) and the estimated completion time? (b) Suppose there is HK$3,000 saving for each week shorter than the estimated completion time of the project. Which tasks would be shortened in the optimal solution?
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