Question: PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4

PM.61 Rob Smith is managing a small project at

PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In order to meet this objective a number of activities must be crashed. Activity Normal Time (weeks) Crashed Time (weeks) Crashed Cost Predecessor(s) Normal Cost $800 A 5 3 B 6 5 $300 $1,600 $450 $525 6 5 2 D 3 $1,000 $400 $900 $1,200 $675 E 5 6 3 3 $1,800 $1,275 B F What is the duration of the project in weeks)? Number What is the target duration of the project (after crashing the project)? Number By how many weeks should activity A be crashed? Number By how many weeks should activity B be crashed? Number By how many weeks should activity C be crashed? Number By how many weeks should activity D be crashed? Number By how many weeks should activity E be crashed? Number By how many weeks should activity F be crashed? Number What is the total cost of crashing the project 4 weeks (just the additional cost, not total project cost)? (Display your answer to two decimal places.) Number

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!

Q:

Thirty-five samples of size 7 each were taken from a fertilizer-bag-filling machine at Panos Kouvelis Lifelong Lawn Ltd. The results were: Overall mean = 5 7 . 7 5 lb.; Average range R = 1 . 7 8 lb....

Q:

PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4weeksand he wants to do so at the lowest cost possible. In...

Q:

PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In...

Q:

PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4weeksand he wants to do so at the lowest cost possible. In...

Q:

6 PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible....

Q:

PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4weeksand he wants to do so at the lowest cost possible. In...

Q:

PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4weeksand he wants to do so at the lowest cost possible. In...

Q:

PM . 6 1 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible....

Q:

PM.61 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In...

Q:

PM . 6 1 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible....

Q:

PM . 6 1 Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible....

Q:

Consider a continuous random variable W defined by its cumulative distribution function: for w 3 Determine the standard deviation of the continuous random variable...

Q:

Explain keys.

Q:

Businesses whose ownership shares are sold on the open market are called: Publicly Traded Closely Held Privately Traded Family Owned

Q:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...