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(a) Construct the AON network for the project. (b) Determine all paths that run from the start to the end of the network. (c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for each activity. Display the values in a table. (d) Determine the critical path for this project. (e) Determine the expected project completion time. () Nonetheless, the contract states that starting on the thirteenth day from now, your firm will experience a penalty of $100 per day if the job is not completed. Indirect project costs amount to $200 per day. What completion date would you recommend? Show your computation.

(a) Construct the AON network for the project. (b) Determine all paths that run from the start to the end of the network. (c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for each activity. Display the values in a table. (d) Determine the critical path for this project. (e) Determine the expected project completion time. () Nonetheless, the contract states that starting on the thirteenth day from now, your firm will experience a penalty of $100 per day if the job is not completed. Indirect project costs amount to $200 per day. What completion date would you recommend? Show your computation.

Practical Management Science
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 2 You company has just received an order for SPEEDY 1 electric motor from a customer. The data on direct costs, activity duration, and precedence relationships are given below: Activity Normal Time (days) Normal Cost Crash Time (days) Crash Cost Predecessor(s) A 4 $1000 3 $1300 B 1400 4 2000 2000 4 2700 6 1200 1400 A E 900 2 1100 B F 11 2500 6 3750 800 3 1450 D, E H 3 300 1 500 F, G (a) Construct the AON network for the project. (b) Determine all paths that run from the start to the end of the network. (c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for each activity. Display the values in a table. (d) Determine the critical path for this project. (e) Determine the expected project completion time. A) Nonetheless, the contract states that starting on the thirteenth day from now, your firm will experience a penalty of $100 per day if the job is not completed. Indirect project costs amount to $200 per day. What completion date would you recommend? Show your computation.
Transcribed Image Text:QUESTION 2 You company has just received an order for SPEEDY 1 electric motor from a customer. The data on direct costs, activity duration, and precedence relationships are given below: Activity Normal Time (days) Normal Cost Crash Time (days) Crash Cost Predecessor(s) A 4 $1000 3 $1300 B 1400 4 2000 2000 4 2700 6 1200 1400 A E 900 2 1100 B F 11 2500 6 3750 800 3 1450 D, E H 3 300 1 500 F, G (a) Construct the AON network for the project. (b) Determine all paths that run from the start to the end of the network. (c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for each activity. Display the values in a table. (d) Determine the critical path for this project. (e) Determine the expected project completion time. A) Nonetheless, the contract states that starting on the thirteenth day from now, your firm will experience a penalty of $100 per day if the job is not completed. Indirect project costs amount to $200 per day. What completion date would you recommend? Show your computation.
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