Question: Question 3. (30 points) Consider a facility location project as shown in the table below. Assume the project has a fixed cost of $100 per

Question 3. (30 points) Consider a facility

Question 3. (30 points) Consider a facility location project as shown in the table below. Assume the project has a fixed cost of $100 per day, but money can be saved by shortening the project duration. Activity Predecessor Normal Time (day) Normal Cost Crash Time (day) Crash Increase (1", 2nd, 3rd day) A 6 4 $300 400 B 8 $40,80 50, 85 45, 70 60 C 7 350 coco no D 9 500 B,C E 8 600 . a. (8 pts) Draw the AoN diagram and find the Critical Path, Duration of the project and Total cost of project. . . b. (14 pts) According to the minimum cost schedule find the optimal way of crashing the project. What is the total project cost? (Crash the project step by step) c. (8 pts) According to the minimum time schedule find the optimal way of crashing the project. What is the total project cost? (Crash the project step by step)

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!