Question: The Quick Company has learned that a competitor is planning to come out with a new kind of product with a great sales potential. Quick

The Quick Company has learned that a competitor is planning to come out
with a new kind of product with a great sales potential. Quick has been
working on a similar product. Research is nearly complete and Quick's
management now wishes to rush the product out to meet the competition.
There are four nonoverlapping phases left to be accomplished, including
the remaining research that currently is being conducted at a normal pace.
However, each phase can instead be conducted at a priority or crash level
to expedite completion. The times required at these levels are given in
the following table.
Management has allocated $30 million for these four phases. The cost of
each phase at the different levels under consideration is as follows:
Management wishes to determine at which level to conduct each of the
four phases to minimize the total time until the product can be marketed
subject to the budget restriction of $30 million. Formulate this problem
as a shortest-path problem.
 The Quick Company has learned that a competitor is planning to

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