Question: Update for anonymous comment: The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the

Update for anonymous comment: The Advanced Tech

Update for anonymous comment: The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to $150 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 14. Update for anonymous comment: The Advanced Tech

a. What is the project's duration if only normal times are used?

The project duration is ______ day(s). (Enter your response as an integer.)

b. What is the minimum-cost schedule?

With the minimum-cost schedule, the project duration is ______ day(s). (Enter your response as an integer.)

c. What is the critical path for the minimum-cost schedule?

The critical path for the minimum-cost schedule is (choose one) 1. A-C-E-G-H

2. B-D-E-G-H

3. A-C-E-F

4. B-C-E-G-H

5. B-C-E-F

6. B-D-E-F

The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to $150 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 14. Activity Normal Time (days) Normal Cost ($) Crash Time (days) Immediate Predecessor(s) A 4 3 B 6 3 C 4 3 Crash Cost ($) 1,000 2,200 1,000 1,500 1,500 1,400 1,500 600 3 900 1,000 500 1,200 1,500 1,300 900 300 2 A, B B C, D E E 4 4 F 2 1 G 4 1 E H 5 2 G a. What is the project's duration if only normal times are used? The project duration is day(s). (Enter your response as an integer.) b. What is the minimum-cost schedule? With the minimum-cost schedule, the project duration is day(s). (Enter your response as an integer.) c. What is the critical path for the minimum-cost schedule? The critical path for the minimum-cost schedule is Activity Normal Time (days) Normal Cost ($) Crash Time (days) 3 Immediate Predecessor(s) A 4 6 3 4 3 3 moowu U I Crash Cost ($) 1,000 2,200 1,000 1,500 1,500 1,400 1,500 600 900 1,000 500 1,200 1,500 1,300 900 2 4 A, B B C, D E 4 2 1 4 1 E 5 300 2 G

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!