2. Given the data, answer the questions below. Activity Normal Time Normal Cost Crashed Time Crashed Cost (weeks) (Pesos) 30,000 20,000 40,000 (weeks) (Pesos) 50,000 1-2 12 7 2-3 8 35,000 70,000 2-4 4 3 3-4 5,000 500,000 5,000 150,000 750,000 4-5 11,000 710,000 11,000 220,000 1,107,000 4 4-6 12 6. 5-6 4 1 6-7 4 a. Suppose the project needs to be completed within 30 weeks, how much extra cost will be incurred to finish the project by this time? Which activity/ies must be crushed?
2. Given the data, answer the questions below. Activity Normal Time Normal Cost Crashed Time Crashed Cost (weeks) (Pesos) 30,000 20,000 40,000 (weeks) (Pesos) 50,000 1-2 12 7 2-3 8 35,000 70,000 2-4 4 3 3-4 5,000 500,000 5,000 150,000 750,000 4-5 11,000 710,000 11,000 220,000 1,107,000 4 4-6 12 6. 5-6 4 1 6-7 4 a. Suppose the project needs to be completed within 30 weeks, how much extra cost will be incurred to finish the project by this time? Which activity/ies must be crushed?
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...
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Transcribed Image Text:2. Given the data, answer the questions below.
Activity
Normal Time
Normal Cost
Crashed Time
Crashed Cost
(weeks)
(Pesos)
(weeks)
(Pesos)
1-2
12
30,000
7
50,000
2-3
8
20,000
35,000
2-4
4
40,000
3
70,000
3-4
4-5
4
5,000
1
11,000
4-6
12
500,000
9.
710,000
5-6
4
5,000
1
11,000
6-7
4
150,000
220,000
750,000
1,107,000
a. Suppose the project needs to be completed within 30 weeks, how much extra cost
will be incurred to finish the project by this time? Which activity/ies must be crushed?
b. If the project duration is reduced down to the minimum time possible, what is the total
number of crashed weeks? How much extra cost will this require?
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