Using the information in the image below, how do I set up a linear programming model for
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Using the information in the image below, how do I set up a linear programming model for the project plan with these parameters
- Show how time and cost estimates play into the specification.
- In specifying the objective function, you can make the simplifying assumption that all contributors to the project charge the same hourly rate. That is, a minimum total time solution will be the same as a minimum total cost solution.
- Solve the project plan using best-case, expected, and worst-case time estimates with a minimum-time or minimum-cost objective.
- Identify the critical path for the project under each scenario
Related Book For
Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets
ISBN: 978-0078024061
5th edition
Authors: Frederick S. Hillier, Mark S. Hillier
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