Question: shing and Probabilities Check my work mode : This sho Problem 158-4 (Algo) Annie is planning a large surprise party for her sister Gwendolyn. She

shing and Probabilities Check my work mode : This sho Problem 158-4 (Algo) Annie is planning a large surprise party for her sister Gwendolyn. She has developed t (in hours) and cost necessary to perform each of the activities required at the currently Activity A. Create Guest List B. Send Invitations C. Buy Decorations D. Plan Menu E. Purchase Food F. Prepare food Current Minimum Current Total Planned Crash Cost Predecessor Planned Duration Duration If Cost (hours) (hours) Crashed 2 $180 $260 A B 1 $119 $185 A 8 7 $290 $380 4 2 $150 $220 D 3 $470 $570 8 2 $340 $400 mo picture Click here for the Excel Data File 0. Annie is most interested in reducing the time associated with purchase food. What is (Round your answer to 2 decimal places.) Answer is complete and correct. Crash cast 15 50.00 per hour b. Annie will save $65 for every hour she can reduce from hero an. Annie has decided saves to purchase a larger gift for Gwendolyn Which activity should she crash first? b. Annie will save $55 for every hour she can reduce from her plan. Annie has decided to crash her project and use the money she saves to purchase a larger gift for Gwendolyn. Which activity should she crash first? > A OB OD E OF c. Given the activity crashed in Part b. what is the next activity that Annie should crash to further profitably reduce the project? If more than one task exists that can profitably reduce the project, crash the most profitable task. OB C F DO d. Given the activities crashed in Parts b and what is the next activity that Annie should crash to further profitably reduce the project? If more than one task remains that will profitably reduce the project, crash the most profitable task. OU E A F None e. How much money did Annie save by crashing the project in Parts b, c, and dyinclude the cost of crashing itsel Answer is complete but not entirely correct. Drou 2 e. How much money did Annie save by crashing the project in Parts b. c. and d? (include the cost of crashing itself) Answer is complete but not entirely correct. Total cost saved S 90 1. What is the duration of the fully crashed project? Duration hours

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!

Problem 15S-4 (Algo) Annie is planning a large surprise party for her sister Gwendolyn. She has developed the plan below, including estimates of the time (in hours) and cost necessary to perform each...

Problem 155-4 (Algo) Annie is planning a large surprise party for her sister Gwendolyn. She has developed the plan below, including estimates of the time (in hours) and cost necessary to perform each...

financial derivatives XYZ stock is currently trading at $100. In the next period, the price will either go up by 10% or down by 10%. The risk-free rate of interest over the period is 5%. a) Construct...

The Bureau of Labor Statistics' American Time Use Survey showed that the amount of time spent using a computer for leisure varied greatly by age. Individuals age 75 and over averaged 0.20 hour (12...

ABC stock is currently trading at 100. In the next period, the price will either go up by 10% or down by 10%. The risk-free rate of interest over the period is 5%. (a) Construct a replicating...

ABC is trading currently at $100. Assume a one period Binomial Model, that the stock price will either go up or down by 10% over the next period and the risk-free rate over the period is 5% (Take the...

a. ABC is trading currently at $100. Assume a one period Binomial Model, that the stock price will either go up or down by 10% over the next period and the risk-free rate over the period is 5% (Take...

Describe some of the difficulties and ethical issues in using seasonal indexes to SEASONALIZE and DESEASONALIZE data. What should be done to minimize difficulties and avoid misleading conclusions?

Newly formed S&J Iron Corporation has 68,000 shares of $5 par common stock authorized. On March 1, Year 1, S6J Iron issued 8,000 shares of the stock for $11 per share. On May 2, the company issued an...

5. Explain the transaction approach to measuring income. Why is the transaction approach to income measurement preferable to other ways of measuring income?

Data Setup: An extract of the HMGT400Hospital.CSV dataset was done by selecting the columns having the dependent variable "system_member", and the independent variables Total Hospital Costs, Total...