a) Draw the network diagram showing ES, EF, LS, LF, and the critical path. b) Perform CPM calculations and complete the table below. c) Crash the schedule one day at time and show the effect of crashing each activity on the network by crossing out values and writing the new ones immediately above or below it. d) Calculate the normal, least-cost, and crash duration for the project. Then calculate the cost associated with each duration. Indirect cost (overhead) is $100 per day. e) Draw the graph of the total cost corresponding to the crashing exercise:
a) Draw the network diagram showing ES, EF, LS, LF, and the critical path. b) Perform CPM calculations and complete the table below. c) Crash the schedule one day at time and show the effect of crashing each activity on the network by crossing out values and writing the new ones immediately above or below it. d) Calculate the normal, least-cost, and crash duration for the project. Then calculate the cost associated with each duration. Indirect cost (overhead) is $100 per day. e) Draw the graph of the total cost corresponding to the crashing exercise:
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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