Question: table [ [ Activity , Description, table [ [ Immediate ] , [ Predecessor ] ] , Time ( weeks ) , Cost

\table[[Activity,Description,\table[[Immediate],[Predecessor]],Time (weeks),Cost (1000s)],[Normal,Crash,Normal,Crash],[A,Plan needs,-,10,8,30,70],[B,Order equipment,A,8,6,120,150],[C,Install equipment,B,10,7,100,160],[D,Set up training lab,A,7,6,40,50],[E,Conduct training course,D,10,7,120,150],[F,Test system,C. E,3,3,60,-]]
a. Develop a project network.
b. Develop an activity schedule.
c. What are the critical activities, and what is the expected project completion time?
d. Assume that the company wants to complete the project in six months or 26 weeks. What crashing decisions do you recommend to meet the desired completion time at the least possible cost? Work through the network and attempt to make the crashing decisions by inspection.
e. Develop an activity schedule for the crashed project.
f. What added project cost is required to meet the six-month completion time?
g.
The indirect costs for each duration are given:
\table[[Project Duration,Indirect cost (1000s)],[31,500],[30,450],[29,400],[28,350],[27,300],[26,250],[25,210],[24,190]]
Rector Building offers you 10,000 for every week you shorten the project from the original network.
a) Would you take it?
b) What is the optimum cost-time schedule? Compute the direct, indirect and total costs for each duration as well as identify the crashed activity.
c) How much do you manage to get from the offer?
This is a project and operation management subject.
Please answer all and explain. You may refer to texttbook: an introduction to management science: quantitative approach to decision making by Anderson, D.R Sweeny
\ table [ [ Activity , Description, \ table [ [

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