Determine the cost minimizing compression strategy, makespan, and cost if there is a $20 penalty cost per day late, assuming a due date of 151: Minimum Cost Makespan: Cost: Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., Penalty Days (i.e. days late): Note: state durations to two decimal places, compression amounts to one decimal place, and costs as whole numbers. 2, 0>): (12 points) Jonathon's Restaurant is looking to open a new location. Caitlin Elizabeth has been developing a project plan and has identified tasks, precedence relations, and normal task durations shown in the table below: Task Predecessors Duration Compression Cost (33 33 | Maximum Compression start 0 0 0 A start 11 102.5 0 B A 25 87.5 15 A 48 77.5 28 A 50 137.5 0 E C,D 13 62.5 8 F A 40 132.5 0 E 71 92.5 0 A 47 97.5 0 I B,F 29 67.5 0 J G.H 12 122.5 0 K end H,I J.K 60 0 127.5 0 33 0 Assuming an indirect and overhead cost rate of 115, find the makespan and cost for a standard Early Start schedule: Makespan: Cost: Because Caitlin has studied project management at the University of Portland, she knows that a wise project manager should consider the trade-off between indirect/overhead costs and direct resource costs when establishing the "baseline" schedule. Assuming indirect/overhead costs of $115 per period and the direct compression costs and compression limits shown in the table above, find the following: Makespan: Cost: Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>): Evidently this project is a very high priority project for Caitlin's boss. Calculate the makespan and cost associated with completing this project in the minimum possible: Minimum Possible Makespan: Cost: Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>):

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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12 points) Jonathon's Restaurant is looking to open a new location. Caitlin Elizabeth has been developing a project plan and has identified tasks, precedence relations, and normal task durations shown in the table below:

 

Assuming an indirect and overhead cost rate of 115, find the makespan and cost for a standard Early Start schedule:

Makespan: 
Cost: 

 

Because Caitlin has studied project management at the University of Portland, she knows that a wise project manager should consider the trade-off between indirect/overhead costs and direct resource costs when establishing the "baseline" schedule. Assuming indirect/overhead costs of $115 per period and the direct compression costs and compression limits shown in the table above, find the following:

Makespan: 
Cost: 

Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>): 

Evidently this project is a very high priority project for Caitlin's boss. Calculate the makespan and cost associated with completing this project in the minimum possible:

Minimum Possible Makespan: 
Cost: 

Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>): 

Determine the cost minimizing compression strategy, makespan, and cost if there is a $20 penalty cost per day late, assuming a due date of 151:

Minimum Cost Makespan: 
Cost: 

Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>): 
Penalty Days (i.e. days late): 

Note: state durations to two decimal places, compression amounts to one decimal place, and costs as whole numbers.

Determine the cost minimizing compression strategy, makespan, and cost if there is a $20 penalty cost per day late, assuming a due date of 151:
Minimum Cost Makespan:
Cost:
Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ...,
Penalty Days (i.e. days late):
Note: state durations to two decimal places, compression amounts to one decimal place, and costs as whole numbers.
2, 0>):
Transcribed Image Text:Determine the cost minimizing compression strategy, makespan, and cost if there is a $20 penalty cost per day late, assuming a due date of 151: Minimum Cost Makespan: Cost: Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., Penalty Days (i.e. days late): Note: state durations to two decimal places, compression amounts to one decimal place, and costs as whole numbers. 2, 0>):
(12 points) Jonathon's Restaurant is looking to open a new location. Caitlin Elizabeth has been developing a project plan and has identified tasks, precedence relations, and normal task durations shown in the table below:
Task Predecessors Duration Compression Cost (33 33 | Maximum Compression
start
0
0
0
A
start
11
102.5
0
B
A
25
87.5
15
A
48
77.5
28
A
50
137.5
0
E
C,D
13
62.5
8
F
A
40
132.5
0
E
71
92.5
0
A
47
97.5
0
I
B,F
29
67.5
0
J
G.H
12
122.5
0
K
end
H,I
J.K
60
0
127.5
0
33
0
Assuming an indirect and overhead cost rate of 115, find the makespan and cost for a standard Early Start schedule:
Makespan:
Cost:
Because Caitlin has studied project management at the University of Portland, she knows that a wise project manager should consider the trade-off between indirect/overhead costs and direct resource costs when establishing the "baseline" schedule. Assuming
indirect/overhead costs of $115 per period and the direct compression costs and compression limits shown in the table above, find the following:
Makespan:
Cost:
Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>):
Evidently this project is a very high priority project for Caitlin's boss. Calculate the makespan and cost associated with completing this project in the minimum possible:
Minimum Possible Makespan:
Cost:
Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>):
Transcribed Image Text:(12 points) Jonathon's Restaurant is looking to open a new location. Caitlin Elizabeth has been developing a project plan and has identified tasks, precedence relations, and normal task durations shown in the table below: Task Predecessors Duration Compression Cost (33 33 | Maximum Compression start 0 0 0 A start 11 102.5 0 B A 25 87.5 15 A 48 77.5 28 A 50 137.5 0 E C,D 13 62.5 8 F A 40 132.5 0 E 71 92.5 0 A 47 97.5 0 I B,F 29 67.5 0 J G.H 12 122.5 0 K end H,I J.K 60 0 127.5 0 33 0 Assuming an indirect and overhead cost rate of 115, find the makespan and cost for a standard Early Start schedule: Makespan: Cost: Because Caitlin has studied project management at the University of Portland, she knows that a wise project manager should consider the trade-off between indirect/overhead costs and direct resource costs when establishing the "baseline" schedule. Assuming indirect/overhead costs of $115 per period and the direct compression costs and compression limits shown in the table above, find the following: Makespan: Cost: Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>): Evidently this project is a very high priority project for Caitlin's boss. Calculate the makespan and cost associated with completing this project in the minimum possible: Minimum Possible Makespan: Cost: Compression strategy (enter answer as a vector: begin with "<", comma separated values, end with ">", e.g. < 0, 0, 5, ..., 2, 0>):
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