2. Assume the following project data given in Table 2. It is required to crash theproject duration from its original duration. Assume Indirect (overhead) costs are $120per day.a) Draw the network diagram by using AON methodb) Calculate the normal duration and Normal project costc) Least-cost and optimum point/durations for the project.d) Show the relationship between time and cost Graphically.Precede Duration (days)d byActivitCost (Birr)yNormaCrashNormaCrashA4500600ВA75350500A880092DA11712001400EB,C64600700FC4500500D,F757001000HE,F65300420st

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Answered: 2. Assume the following project data…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Define project. Define the term project objective, and give some examples. List some examples of resources that are used on a project. Define scope, schedule, cost, and customer satisfaction. Why are these con-sidered to be constraints? List and describe the main phases of the project life cycle.
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Using the below project network diagram, what is the Earliest Start (ES) time of activity G? The duration of each activity is presented within the parentheses in front of each activity. For example, activity A(2) in this project takes 2 weeks. Type your answer in the textbox below. A(2) E(6) D(3) C(2) G(3) B(5) F(6)
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The following table contains information related to the car problems of 2 SUV being maintained in Toyota. Activity Immediate Time (days) Total Cost Maximum Crash cost per day Predecessor Normal Crash Normal Crash Reduction in Duration time A 9. 4 P1,500 P2000 В A 3 1000 1400 8. 4 1600 2200 C 4 900 1150 E В, D 1 800 1300 What is the expected project duration?
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Please show the step-by-step solution how you get your answer.
Swimming Pool Installation: You are the project manager working for Mack's Pool Co. Your project consists of installing a new swimming pool at the local country club before Memorial Day weekend (pool opening weekend). You would like to find the minimum cost schedule for your project. There is a $9,000 per week penalty for each week the project is delayed beyond week 9. In addition, your project team determined that indirect costs are $15,000 per week. ACTIVITY Immediate Predecessor (s) NORMAL TIME (NT) CRASH TIME (CT) Normal Cost (NC) Crash Cost (CC) A -- 2 1 7,000 10,000 B -- 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 Before crashing, the project duration is _________ week(s). The total cost of the project if we do nothing is $ __________ (round to the nearest dollar). The minimum cost…
I need solve this question in project manager
Based on Table below, discuss how to complete the following project case:a. Create a network model in the form of Activity and Arrow (AoA) and Activity on Node (AoN) for the marketing product project of a company using the CPM method (manual and optimization software)! b. Analyze the critical path and critical duration for the company's project! Activity Description Predecessor Duration (day) A Production Planning — 18 B Market Survey and Market Research — 20 C Production Analysis A 28 D Modeling Product A, B 31 E Sales Brochures A, B 21 F Cost Analysis C, E 33 G Product Experiment D, E 42 H Sales Training B, E 29 I Cost Pricing H 26 J Project Report F, G, I 50
Shrink the occurrence time of the following project and find: a) The critical path and the expected project completion time. b) Find the optimal duration and optimal cost. Normal Crash Activities Time Cost Time Cost 1-2 100 1-3 150 2-4 50 2-5 100 3-4 100 4-5 80. 843324 722213 200 230 90 150 200 100

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