Question: P1. Process Improvement Project OMG Consulting was engaged to complete a process improvement project for their favorite client, Wear A Mask (WAM) Co. The activities,

P1. Process Improvement Project OMG Consulting was engaged to complete a process improvement project for their favorite client, Wear A Mask (WAM) Co. The activities, time requirements, and direct cost considerations are indicated below. In addition, indirect costs (overhead) are $2,000 per week. Because WAM Co. is under time pressure to increase productivity, there is a penalty of $3,000 per week for every week the project extends beyond 8 weeks. How long will the project take before crashing? What is the minimum cost schedule (time)? What is the minimum cost ($)
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
