A group of developers is building a new shopping center. A consultant for the developers has developed the following table of activities, durations and predecessors. Determine the earliest start times and finish times, latest start and finish times, activity slack, critical path and duration for the project. There is a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is $50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500 per week, and what is the total cost of crashing? And, Net Bonus, if any. Activity Description ABC A с DEF D K L G Paving H DVOZE M N P Q R X Award Kick-off Contract for Crew/Mach Purchase Material Excavation Build Foundation Electrical-Outside DUE: MARCH 13, 2023 Lighting - Exterior Electrical-Inside Bldg Construction Sewage System Parking Lots Final Wiring Plumbing Interior-Finish HVAC Landscape & Paint Furnish Completion - Keys Duration Predecessor Crash Costs Week Reduction 1 8 12 3 M22-222 9 3 12 7 30 21 20 5 16 17 5 6 3 1 A A A B, C, D D D E, F, G E, F E, F, G E, F, G H 1,J K H, M, N M, N L O, P QR 800 2500 5000 3000 4000 6000 4500 7500 6600 1200 4000 2000 2400 800 260 2 5 1 3 2 3 6 5 3 1 1 4 2 1 1
A group of developers is building a new shopping center. A consultant for the developers has developed the following table of activities, durations and predecessors. Determine the earliest start times and finish times, latest start and finish times, activity slack, critical path and duration for the project. There is a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is $50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500 per week, and what is the total cost of crashing? And, Net Bonus, if any. Activity Description ABC A с DEF D K L G Paving H DVOZE M N P Q R X Award Kick-off Contract for Crew/Mach Purchase Material Excavation Build Foundation Electrical-Outside DUE: MARCH 13, 2023 Lighting - Exterior Electrical-Inside Bldg Construction Sewage System Parking Lots Final Wiring Plumbing Interior-Finish HVAC Landscape & Paint Furnish Completion - Keys Duration Predecessor Crash Costs Week Reduction 1 8 12 3 M22-222 9 3 12 7 30 21 20 5 16 17 5 6 3 1 A A A B, C, D D D E, F, G E, F E, F, G E, F, G H 1,J K H, M, N M, N L O, P QR 800 2500 5000 3000 4000 6000 4500 7500 6600 1200 4000 2000 2400 800 260 2 5 1 3 2 3 6 5 3 1 1 4 2 1 1
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...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.