The objective of 'crashing' is to reduce the time of a project at an acceptable additional cost. For this assignment, determine all possible paths using the information contained in the chart. Compress one-time units per move using the least cost method. Assume the total indirect cost for the project is $700 and there is a savings of $50 per time unit reduced. Record the total direct, indirect, and project costs for each duration.

Show your work including your original options and any 'crashing' activity in detail.

Questions to answer:

1. What is the optimum cost-time schedule for the project? (in units)
2. What is the cost?

Transcribed Image Text:

Week 4 Crash Time Exercise Dashboard Dashboard wilmu.instructure.com/courses/58306/assignments/1254187?module_item_id=3263725 Crash Time Exercise.docx 1747.B2.Online > Assignments > Week 4 Crash Time Exercise Crash Time Exercise Use the following information to compress one time unit per move using the least cost method. Assume the total indirect cost for the project is $700 and there is a savings of $50 per time unit reduced. Record the total direct, indirect, and project costs for each duration. What is the optimum cost-time schedule for the project? What is the cost? NOTE: The correct normal project duration and total direct cost are provided. Act. A B Crash Cost (slope) Max Crash Time Normal Time Normal Cost 0 2 100 100 1 3 200 40 1 5 200 60 3 200 20 1 5 200 F 40 1 4 150 G 0 0 2 150 A 2x B 3 D 03 ES C 5 5 FL Project Duration 14 G 2x G Update: Download Info ive Rex Close 4 Total Direct Cost $1,200 - ZOOM + Week 4 Crash Time Exercise Dashboard Dashboard wilmu.instructure.com/courses/58306/assignments/1254187?module_item_id=3263725 Crash Time Exercise.docx 1747.B2.Online > Assignments > Week 4 Crash Time Exercise Crash Time Exercise Use the following information to compress one time unit per move using the least cost method. Assume the total indirect cost for the project is $700 and there is a savings of $50 per time unit reduced. Record the total direct, indirect, and project costs for each duration. What is the optimum cost-time schedule for the project? What is the cost? NOTE: The correct normal project duration and total direct cost are provided. Act. A B Crash Cost (slope) Max Crash Time Normal Time Normal Cost 0 2 100 100 1 3 200 40 1 5 200 60 3 200 20 1 5 200 F 40 1 4 150 G 0 0 2 150 A 2x B 3 D 03 ES C 5 5 FL Project Duration 14 G 2x G Update: Download Info ive Rex Close 4 Total Direct Cost $1,200 - ZOOM +