QUESTION 1: The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in Table 1 below. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14. (a) What is the shortest time duration for this project regardless of cost? (30 marks) (b) What is the total cost and time of the minimum-cost schedule? (10 marks) Table 1: Database Design Project Data Normal Activity Crash Time Normal Cost Crash Cost |Predecessor Time (days) (days) ($) ($) A 6 5 1,000 1,200 B 4 2 800 2,000 O A, B 3 2 600 900 D B 2 1 1,500 2,000 E C. D 6 4 900 1,200 F E 2 1,300 1,400 G D 900 900 H G 4 2 500 900 Wind