Question: Question 1: Develop a solution for the following project problem. Act Pred. Normal Time (Weeks) Crash Time Normal Cost Crash Cost (total) Crash cost per
Question 1: Develop a solution for the following project problem.
| Act | Pred. | Normal Time (Weeks) | Crash Time | Normal Cost | Crash Cost (total) | Crash cost per (week) |
| A | - | 6 | 5 | $900 | $1000 | 100 |
| B | - | 8 | 6 | $300 | $400 | 50 |
| C | - | 4 | 3 | $500 | $600 | 100 |
| D | A | 5 | 3 | $900 | $1200 | 150 |
| E | C | 8 | 5 | $1000 | $1600 | 200 |
- Draw the project network with Normal time.
- What is the project duration (in weeks)? And total normal cost?
- Compute crash cost per week for each activity.
- Reduce the project cycle time by four weeks (Crash the network by four weeks).
- Find the new total cost of completing the project (after crashing).
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