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a. Draw the project network. b. Identify the critical path(s). C. Find the total project completion time and total project cost using the normal times.

a. Draw the project network. b. Identify the critical path(s). C. Find the total project completion time and total project cost using the normal times.

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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2. As a result of a bank merger, two financial processing software systems must be integrated. The "systems integration team" has come up with the following tasks, their predecessor relations, and estimates for task durations and crash costs: Normal time A B C D E F G H Activity e. f. Immediate Predecessor(s) - A A B,C C D D.E F.G 15 9 10. 3 9 10 10 7 Crash time 10 8 6 3 7 8 7 Normal cost ($) 900 800 2500 4000 2000 1500 1000 2000 Crash cost ($) 3900 1100 3500 4000 2800 2400 1200 a. Draw the project network. b. Identify the critical path(s). C. Find the total project completion time and total project cost using the normal times. d. Find the total project completion time and total project cost if the project must be completed two weeks early. Find the shortest time in which the project can be completed. Find the crashing schedule that minimizes total project cost. 2000
Transcribed Image Text:2. As a result of a bank merger, two financial processing software systems must be integrated. The "systems integration team" has come up with the following tasks, their predecessor relations, and estimates for task durations and crash costs: Normal time A B C D E F G H Activity e. f. Immediate Predecessor(s) - A A B,C C D D.E F.G 15 9 10. 3 9 10 10 7 Crash time 10 8 6 3 7 8 7 Normal cost ($) 900 800 2500 4000 2000 1500 1000 2000 Crash cost ($) 3900 1100 3500 4000 2800 2400 1200 a. Draw the project network. b. Identify the critical path(s). C. Find the total project completion time and total project cost using the normal times. d. Find the total project completion time and total project cost if the project must be completed two weeks early. Find the shortest time in which the project can be completed. Find the crashing schedule that minimizes total project cost. 2000
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