Question: MU Problem 1(70 points: a to c) Consider Figure 1, a network that provides the sequential relationship for a specific project. B D E G

MU Problem 1(70 points: a to c) Consider Figure
MU Problem 1(70 points: a to c) Consider Figure
MU Problem 1(70 points: a to c) Consider Figure 1, a network that provides the sequential relationship for a specific project. B D E G I A F Figurel: Network for a Specific Project Table 1 contains the necessary information on normal and crash times and their associated direct costs for this project. The indirect cost of this project is $700 per day. Per Day Normal Activity Time (days) 3 B 2 5 D 5 E 6 F 2 G 2 Normal Cost $ 800 $ 1,200 $ 2,000 $ 1,500 $ 1,800 $ 600 $ 500 Maximum Crash Cost Crash Time (days) 1 S 600 1 $ 700 1 $ 300 2 $ 400 1 $ 450 1 $ 400 1 $ 500 Page 4 c) (40 points) If we are to complete the project with the minimum total cost and the optimal time, which activity(ies) need(s) to be crashed and by how many days? What will be the associated total cost and optimal time of the project? MacBook Air

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!