a. Find the critical path and the normal project length. b. Find the project length and project cost if all activities are crashed to their minimum completion times. c. Which activities would you crash? What would be the total cost when crashing only these activities (rather than all of them, as above)?
a. Find the critical path and the normal project length. b. Find the project length and project cost if all activities are crashed to their minimum completion times. c. Which activities would you crash? What would be the total cost when crashing only these activities (rather than all of them, as above)?
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

Transcribed Image Text:Problem 2
A network with the activity times (in days) and other relevant data is shown below.
A(4)
B(2)
C(4)
D(3)
E(5)
F(6)
G(2)
I(5)
H(3)
J(7)

Transcribed Image Text:Activity
A
B
C
D
E
F
G
H
I
J
Normal Time
4
2
4
3
5
6
2
3
5
Time (days)
7
Crash Time
4
1
2
2
4
3
1
2
2
7
Normal
cost
$5,000
$4,000
$9,000
$5,000
$9,000
$7,000
$2,000
$6,000
$10,000
$8,000
Cost increment/
day crashed
$1,000
$500
$700
$1,000
$700
$1,000
$1,000
$800
a. Find the critical path and the normal project length.
b. Find the project length and project cost if all activities are crashed to their minimum
completion times.
c. Which activities would you crash? What would be the total cost when crashing only these
activities (rather than all of them, as above)?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 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.