Question: Problem 1. The following data were obtained from a study of the times required to conduct a consumer test panel study. Crash the completion time

Problem 1. The following data were obtained from

Problem 1. The following data were obtained from a study of the times required to conduct a consumer test panel study. Crash the completion time to the crash point of the network. (SHOW ALL OF YOUR WORK) Crash time, Activity Normal time, Immediate Predecessor days cost days cost A 4 $ 300 3 $ 500 B A 3 250 1 325 C A 7 400 4 550 D B 5 150 3 250 E B 4 100 3 200 Problem 2: Given the estimated activity times below (SHOW ALL OF YOUR WORK) Activity Immediate Predecessor A M B A B 14 12 w 00 A 6 8 2 6 4 D 4 A 7 10 3 7 6 7 6 3 3 E B, C B, C DE F 00 00 000 F G H in N 8 8 9 8 4 5 4 2 What is probability that the project will be completed within: (a) 21 days? (b) 22 days? (c) 25 days

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