Question: please solve I,J,K,L and show work I will like the post ULIUIUIUUUM) QUESTION 24 (20 points) - Critical Path Method (CPM) with Crashing The film

please solve I,J,K,L and show work I will like the post
please solve I,J,K,L and show work I will like
please solve I,J,K,L and show work I will like
ULIUIUIUUUM) QUESTION 24 (20 points) - Critical Path Method (CPM) with Crashing The film The Lord of the Rings: The Return of the King, the last installment of The Lord of the Rings trilogy, was directed by Peter Jackson and released on December 17 2003 in the U.S. with huge success. Eventually, the film won 11 Oscars for all of its nominations. The film's cumulative worldwide box office was $1.14 billion (IMDB). In the film, there are long sequences where the main characters split up in different directions. And, there are big scenes where all the characters reunite. Reflecting upon the film making, we can hypothetically break down the entire cinematic project into the following aggregate activities: (We assume away all the complexities in shooting the three installments at the same time and other production details.) A - Plan, screenplay, finance, cast, film crew, location B - Construction of movie sets C- Shooting of sequence 1 D - Shooting of sequence 2 E-Shooting of sequence 3 F-Shooting of Big scene sequence G - Post-production & finalization before release We have the following hypothetical data on time in months and costs in millions of dollars: ID IP T ES EF LS LF ST NT NC CT CC CCR A 5.0 ? ? ? ? ? 5.0 15.0 5.0 15.0 B A 8.0 ? ? ? ? ? 8.0 12.0 7.0 14.0 ? B 6.0 ? ? ? ? ? 6.0 11.0 5.0 12.5 B 7.0 ? ? ? ? ? 7.0 14.0 5.0 16.4 E B ? ? ? ? 5.0 13.0 4.0 19.0 ? F C,D,E 3.0 ? ? ? ? ? 3.0 18.0 3.0 18.0 F 6.0 ? ? 2 2 ? 6.0 11.0 5.0 12.8 Note: IP = Immediate Predecessor; T = Normal Time; ES = Earliest Start; EF = Earliest Finish; LS = Latest Start; LF = Latest Finish; ST = Slack Time; NT = Normal Time; NC = Normal Cost; CT = Crash Time; CC = Crash Cost; & CCR = Crash Cost Rate = crash cost per time unit. Copy the table to your homework and complete the following parts: Omolo 5.0 The following considerations are for crashing the cinematic project month by month: [1] Starting from the original critical path, the producers want to crash the cinematic project and reduce the completion time by one month. Propose the best solution to crashing. Identify the new critical path(s) if any change happens. Compute the new budget of the film. O[1] Following part (1), the producers consider options to crash the film by another month (a total of 2 months down from the original completion time). Propose the best solution to crashing. Identify the resulting critical path(s). Compute the new budget of the film. (k)[1] Following part (), the producers consider options to crash the film by another month (a total of 3 months down from the original completion time). Propose the best solution to crashing. Identify the resulting critical path(s). Compute the new budget of the film. [1] Following part (k), the producers want to crash the film by another month. Propose the best solution to crashing. Identify the resulting critical path(s). Compute the new budget of the film. After this, can they crash the project by one more month

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!