Question: Please help me solve this project management problem. 2) Market Fresh Foods is known for using very advanced project management methods. Guillermo Santiago, a new
Please help me solve this project management problem.
2) Market Fresh Foods is known for using very advanced project management methods. Guillermo Santiago, a new project office analyst at Market Fresh, has been tasked with developing multiple schedule strategies (i.e. going beyond simple CPM schedules) for the company's latest project. The table below presents the project's details, including tasks, durations, precedence relations, marginal compression costs, etc. The project is subject to a $146.25 per day late delivery penalty and a due date of 142. In addition, the project incurs an indirect and overhead cost of $105 per period. Guillermo must develop a project schedule and would like to consider more than just the standard CPM schedule. Because of your expertise (learned in the University of Portland's Project Management course) and because he has little experience with optimization, Guillermo needs your help formulating and solving mathematical programs (s) to answer the questions below. Note: Round all answers to 3 decimal places. When entering compression strategies, remember to include values for starting and ending tasks and enter your answer as a vector (e.g.
| Task | Predecessors | Uncompressed Duration | Compression Cost | Maximum Compression |
| start | 0 | 0 | 0 | |
| A | start | 11 | 189 | 6 |
| B | start | 40 | 184 | 0 |
| c | B | 23 | 159 | 0 |
| D | start | 18 | 234 | 0 |
| E | B | 40 | 239 | 0 |
| F | A,c | 38 | 209 | 0 |
| G | D | 35 | 89 | 0 |
| H | F,G | 33 | 139 | 16 |
| I | c,E | 12 | 149 | 5 |
| J | H | 10 | 84 | 0 |
| end | I,J | 0 | 0 | 0 |
Find the following,
TOTO with Penalty Makespan:
TOTO Makespan:
CPM Schedule Cost:
TCTO with Penalty Compression Strategy:
TCTO with Penalty Schedule Cost:
Minimum Makespan Schedule Cost:
Minimum Makespan Compression Strategy:
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