a) Based on the given information regarding the activities for the project, the project length= 16 weeks. b) The total cost required for completing this project on normal time = $ 12800. c) For reducing the duration of the project by one week, the activity that should be crashed first is activity D The cost of the project based on the first activity selected for crashing will increase by $ 80. weeks. d) The maximum weeks by which the project can be reduced by crashing = 7 Total cost of crashing the project to minimum (or maximum weeks possible) = $1,445".

a) Based on the given information regarding the activities for the project, the project length= 16 weeks. b) The total cost required for completing this project on normal time = $ 12800. c) For reducing the duration of the project by one week, the activity that should be crashed first is activity D The cost of the project based on the first activity selected for crashing will increase by $ 80. weeks. d) The maximum weeks by which the project can be reduced by crashing = 7 Total cost of crashing the project to minimum (or maximum weeks possible) = $1,445".

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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Question

Give typed full explanation

Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table:
a) Based on the given information regarding the activities for the project, the project length = 16 weeks.
b) The total cost required for completing this project on normal time = $ 12800.
c) For reducing the duration of the project by one week, the activity that should be crashed first is activity D
The cost of the project based on the first activity selected for crashing will increase by $ 80.
d) The maximum weeks by which the project can be reduced by crashing = 7 weeks.
Total cost of crashing the project to minimum (or maximum weeks possible) = $1,445.
Normal
Crash
Normal
Activity Time (weeks) Time (weeks) Cost
A
B
с
D
E
F
G
4
2
3
8
6
3
4
3
1
3
4
3
2
2
$2,000
$2,200
$500
$2,400
$800
$3,400
$1,500
Total Cost
with
Crashing Immediate Predecessor(s)
$2,600
$3,000
$500
$2,720
$1,175
$4,800
$1,900
|||| <U
D, E

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