Question: Q2- What is the minimum cost completion time for this project if the activities have normal and crash costs as indicated and there is a

Q2- What is the minimum cost completion time for this project if the activities have normal and crash costs as indicated and there is a $1,000 fixed cost for each day on site plus a $500 penalty for each activity that is crashed? The crash costs represent the cost of a fully expedited activity. For example, reducing activity Y from 13 days to 12 days costs an extra $100 on top of the $500 expediting cost for a total cost of $2,600. Reducing Y from 13 days to 10 days costs an extra $300 on top of the $500 expediting cost, for a total activity cost of $2,800. Normal Normal Crash Activity Predecessor Time Cost Time Crash Cost 12 $2,000 $2,000 13 $2,000 10 $2,300 19 $2,000 15 $3,000 18 $2,000 15 $3,000 10 $2,000 9 $3,000 13 $2,000 11 $3,000 W 18 $2,000 14 $4,000 $2,000 $3,000 U 16 $2,000 $3,000 R, S 15 $2,000 13 $3,000 T 13 $2,000 12 $3,000 P, Q 4 $2,000 4 $2,000
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