Question: Variance Crash Cost (total) Develop a solution for the following project problem. Normal Time Normal Act. Pred. Crash Time (expected time) Cost (Days) (Days) A

Variance Crash Cost (total) Develop a solution for the following project problem. Normal Time Normal Act. Pred. Crash Time (expected time) Cost (Days) (Days) A 35 $2500 20 B A 15 $1050 10 30 $2500 20 D 15 $1070 5 E C,B 10 $1568 5 F 50 $4000 36 - $3950 $1750 $4555 $2543 $2750 $7000 7. 3 4 6 2 8 a Find the SLACK? of each activity (1 Mark) b. What is the probabil that the project will be completed in 70 days? (2 Marks) a. The customer wants to complete the project in 40 days, what should we do (which activity should be crashed)? What will be the new total cost of completing the project (after crashing) (2 Marks) d. The customer wants to complete the project in 34 days, what should we do? What will be the new total cost of completing the project (after crashing) (2 Marks)

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