Question: What is the approximate cost to complete the project under normal conditions? Question 46 options: $45,000 $50,000 $55,000 $65,000 $70,000 How long will it take

What is the approximate cost to complete the

What is the approximate cost to complete the project under normal conditions?

Question 46 options:

$45,000

$50,000

$55,000

$65,000

$70,000

How long will it take to complete the project under normal conditions?

Question 47 options:

Fewer than 17 days

18 days

20 days

22 days

More than 23 days

Using the information in the table, the project manager decided to complete the project in 17 days. What is the cost of crashing to achieve this goal?

Question 48 options:

$3,000

$1,500

$4,500

$7,000

$4,000

When crashing the schedule, what is the shortest duration to complete the project?

Question 49 options:

13

14

15

16

17

If there is a penalty of $5,000 per day, what is the optimal completion time for completing the project (i.e., the saving from not paying the penalty ($5,000/day) is greater than crashing cost per day)?

Question 50 options:

14

15

16

17

18

Schedule Crashing Problem Refer to the following table for the next five questions on schedule crashing. Predecessor Normal Activity Name Normal Time Crash Time Crash Cost Cost A B 8 6 B 5 3 B 4 3 D A 5 4 $4,000 $5,000 $8,000 $5,000 $8,000 $3,000 $12,000 $6,000 $9,000 $11,000 $7,000 $11,000 $3,000 $27,000 E 8 6 F 1 1 D, E, G G 10 5

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!