13. 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 7.60. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14. Table 7.6 Database Design Project Data Activity A B с D E F G H Normal Time (days) 6 4 3 2 6 2 4 Normal Cost (S) 1,000 800 600 1,500 900 1,300 900 500 Crash Time (days) 5 2 2 1 1 4 2 Crash Cost ($) 1,200 2,000 900 2,000 1,200 1,400 900 900 a. What is the project's duration if only normal times are used? b. What is the minimum-cost schedule? c. What is the critical path for the minimum-cost schedule? Immediate Predecessor(s) A, B B C, D E E
13. 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 7.60. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14. Table 7.6 Database Design Project Data Activity A B с D E F G H Normal Time (days) 6 4 3 2 6 2 4 Normal Cost (S) 1,000 800 600 1,500 900 1,300 900 500 Crash Time (days) 5 2 2 1 1 4 2 Crash Cost ($) 1,200 2,000 900 2,000 1,200 1,400 900 900 a. What is the project's duration if only normal times are used? b. What is the minimum-cost schedule? c. What is the critical path for the minimum-cost schedule? Immediate Predecessor(s) A, B B C, D E E
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Transcribed Image Text:13. 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 7.60. Indirect project costs
amount to $300 per day. The company will incur a $150 per day penalty for each day the
project lasts beyond day 14.
Table 7.6 Database Design Project Data
Activity
A
B
C
D
E
F
G
H
Normal
Time
(days)
6
4
3
2
6
2
4
4
Normal
Cost (S)
1,000
800
600
1,500
900
1,300
900
500
Crash
Time
(days)
5
2
2
1
4
1
4
2
Crash
Cost ($)
1,200
2,000
900
2,000
1,200
1,400
900
900
a. What is the project's duration if only normal times are used?
b. What is the minimum-cost schedule?
c. What is the critical path for the minimum-cost schedule?
Immediate
Predecessor(s)
A, B
B
C, D
E
E
G
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 6 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.