2. Draw the AON diagram and using Time-Cost Trade-Off concept, determine the optimum cost and optimum duration for the network. Develop an excel sheet to show all your calculations. The overhead cost = $200/day. Recreate the Table with excel. Activity A B C D E F G H I J K Predecessors - A A A B B, C D E F F, G H, I, J Duration (Days) Normal 1 7 6 3 3 7 8 7 5 3 5 Crash 1 4 4 2 1 5 4 6 3 2 4 Cost ($) Normal 800 1000 300 400 100 500 1200 350 700 500 450 Crash 800 1600 500 800 200 800 1400 600 850 1000 800
2. Draw the AON diagram and using Time-Cost Trade-Off concept, determine the optimum cost and optimum duration for the network. Develop an excel sheet to show all your calculations. The overhead cost = $200/day. Recreate the Table with excel. Activity A B C D E F G H I J K Predecessors - A A A B B, C D E F F, G H, I, J Duration (Days) Normal 1 7 6 3 3 7 8 7 5 3 5 Crash 1 4 4 2 1 5 4 6 3 2 4 Cost ($) Normal 800 1000 300 400 100 500 1200 350 700 500 450 Crash 800 1600 500 800 200 800 1400 600 850 1000 800
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:+
Recreate the Table with excel.
2. Draw the AON diagram and using Time-Cost Trade-Off concept, determine the
optimum cost and optimum duration for the network. Develop an excel sheet to
show all your calculations. The overhead cost = $200/day.
Activity Predecessors
A
B
C
D
E
F
G
H
I
J
K
A
A
A
B
B, C
D
E
F
F, G
H, I, J
Duration (Days)
Normal
1
7
6
3
3
7
8
7
5
3
5
Crash
1
4
4
2
1
5
4
6
32
2
4
Cost ($)
Normal
800
1000
300
400
100
500
1200
350
700
500
450
Crash
800
1600
500
800
200
800
1400
600
850
1000
800
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 4 steps with 5 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.