4. A project has the following activities, durations, costs, and precedence relationships: Immediate Predecessor Activities Activity ABCD AFGH E Η I Present Duration (Weeks) 10 15 10 20 15 17 12 9 7 Accelerated Duration (Weeks) 9 13 6 18 10 15 10 8 6 A A с B B D, F G, H Present Cost $11,000 20,000 9,000 25,000 20,000 20,000 15,000 12,000 10,000 Accelerated Cost $15,000 25,000 20,000 30,000 35,000 30,000 25,000 18,000 15,000 Develop a time-cost trade-off analysis. Detail the steps that you would use to accelerate or crash the project to its minimum duration at the lowest cost. Determine each step's cost and the duration of the project.
4. A project has the following activities, durations, costs, and precedence relationships: Immediate Predecessor Activities Activity ABCD AFGH E Η I Present Duration (Weeks) 10 15 10 20 15 17 12 9 7 Accelerated Duration (Weeks) 9 13 6 18 10 15 10 8 6 A A с B B D, F G, H Present Cost $11,000 20,000 9,000 25,000 20,000 20,000 15,000 12,000 10,000 Accelerated Cost $15,000 25,000 20,000 30,000 35,000 30,000 25,000 18,000 15,000 Develop a time-cost trade-off analysis. Detail the steps that you would use to accelerate or crash the project to its minimum duration at the lowest cost. Determine each step's cost and the duration of the project.
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:4. A project has the following activities, durations, costs, and precedence relationships:
Activity
ABC AFF
с
D
E
GH
H
I
Present
Duration
(Weeks)
10
15
10
20
15
17
12
9
7
Accelerated
Duration
(Weeks)
9
13
6
18
∞ 05
10
15
10
8
6
Immediate
Predecessor
Activities
A
A
C
B
B
D, F
G, H
Present
Cost
$11,000
20,000
9,000
25,000
20,000
20,000
15,000
12,000
10,000
Accelerated
Cost
$15,000
25,000
20,000
30,000
35,000
30,000
25,000
18,000
15,000
Develop a time-cost trade-off analysis. Detail the steps that you would use to accelerate or crash the project
to its minimum duration at the lowest cost. Determine each step's cost and the duration of the project.
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