Question: The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in Table.
The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in Table. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14.
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a. What is the projects duration if only normal times are used?
b. What is the minimum-cost schedule?
c. What is the critical path for the minimum-costschedule?
Activity Nomal Time (days) Normal Cost (S) Crash Time (days) Crash Cost (S) Immediate Predecessor(s) 1,000 800 600 1,500 900 1,300 900 500 1,200 2,000 900 2,000 1,200 1,400 900 900 A, B G, D
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