2. Assume the following project data given in Table 2. It is required to crash the project duration from its original duration. Assume Indirect (overhead) costs are $120 per day. a) Draw the network diagram by using AON method b) Calculate the normal duration and Normal project cost c) Least-cost and optimum point/durations for the project. d) Show the relationship between time and cost Graphically. Activity Preceded Duration (days) Cost (Birr) by Normal Crash Normal Crash A 5 4 500 600 B A 7 350 500 A 8. 5 800 920 D A 11 7 1200 1400 B,C 6. 4 600 700 F C 4 4 500 500 G D,F 7 700 1000 E,F 300 420

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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2. Assume the following project data given in Table 2. It is required to crash the
project duration from its original duration. Assume Indirect (overhead) costs are $120
per day.
a) Draw the network diagram by using AON method
b) Calculate the normal duration and Normal project cost
c) Least-cost and optimum point/durations for the project.
d) Show the relationship between time and cost Graphically.
Activity Preceded Duration (days) Cost (Birr)
by
Normal Crash
Normal Crash
A
5
4
500
600
B
A
7
350
500
C
A
8
800
920
D
A
11
7
1200
1400
E
B,C
6.
4
600
700
F
C
4
4
500
500
G
D,F
7
700
1000
H
E,F
6.
300
420
Transcribed Image Text:2. Assume the following project data given in Table 2. It is required to crash the project duration from its original duration. Assume Indirect (overhead) costs are $120 per day. a) Draw the network diagram by using AON method b) Calculate the normal duration and Normal project cost c) Least-cost and optimum point/durations for the project. d) Show the relationship between time and cost Graphically. Activity Preceded Duration (days) Cost (Birr) by Normal Crash Normal Crash A 5 4 500 600 B A 7 350 500 C A 8 800 920 D A 11 7 1200 1400 E B,C 6. 4 600 700 F C 4 4 500 500 G D,F 7 700 1000 H E,F 6. 300 420
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