Question: Problem 3: (15 points total) The following table provides the information necessary to construct a project network and project crash data: Activity Predecessor Normal Times

Problem 3: (15 points total) The following table provides the information necessary to construct a project network and project crash data: Activity Predecessor Normal Times (Days) Crash Times (Days) Normal Costs Crash Costs 1 - 7 5 $100 $400 2 - 10 7 $250 $450 3 1 6 3 $400 $805 4 1 5 1 $200 $400 5 2, 3 4 4 $150 - 6 4, 5 3 2 $300 $500 Knowing that the indirect project cost is $250 per day, crash the network the maximum amount possible and indicate:

(a) (2 point) The Normal project completion time

(b)(2 points) The Normal cost

(c) (6 points) The Crashing Methodology

(d)(2 points) Minimum project completion time

(e) (2 points) The Crashing Cost

(f) (1 point) The Total savings after Crashing

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!