Question: Problem 3 (25 Points) An R&D project in a company is working on a project to make a sample product to be displayed at an

Problem 3 (25 Points) An R&D project in a company

Problem 3 (25 Points) An R&D project in a company is working on a project to make a sample product to be displayed at an international fair in Las Vegas held in 16 months. With additional labor and equipment, the company can make sure they make the sample in 16 months. Develop an optimal crashing time-cost solution to help the company in this project to be ready on time for the fair. Cost /month Activity Normal Time to crash A 5 8,000 4,000 6,000 D 4,000 4,000 F 5,000 G 2 4,000 H 7 9,000 a. Determine the critical path, project duration. AS H,7 B C D, 3 3 4 3 3 9 E G2 Path Expected Duration b. Determine which activitylactivities to crash, how many days to crash, and the total cost for crash the project into 16 months

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