Activity Immediate predecessor(S) Normal Time Normal Cost($) Crash Time (Weeks) A none 10 16000 8 B none 4 6000 3 C A,B 6 12000 3 A 7 7000 5 D E B 14 28000 12 F AM C,D,E 3 4500 3 G F 4 7200 3 H F 2 5000 2 I F 5 15000 4 J H₂I 2 7000 2 J 5 10000 4 K L K 10 24000 10 Note: I want all the answers for all the 5 parts mentioned in it. I dont need copy pasted answers I need it with logical reasons and logical explanation. 1- Draw the network diagram 2- Calculate the critical path and the project completion for the project. 3. Calculate the cost of completing the project in normal time 4- Determine the absolute minimum time it will take to complete the project if the project is crashed as far as possible. Calculate the cost associated with this approach to the project. 5- If the company wants to complete the project in 40 weeks, which activities should be crashed?Calculate the additional cost incurred to complete the project in 40 weeks. Cash Cost (S) 20000 9000 24000 10000 34000 4500 9000 5000 8000 000 1000 24000
Activity Immediate predecessor(S) Normal Time Normal Cost($) Crash Time (Weeks) A none 10 16000 8 B none 4 6000 3 C A,B 6 12000 3 A 7 7000 5 D E B 14 28000 12 F AM C,D,E 3 4500 3 G F 4 7200 3 H F 2 5000 2 I F 5 15000 4 J H₂I 2 7000 2 J 5 10000 4 K L K 10 24000 10 Note: I want all the answers for all the 5 parts mentioned in it. I dont need copy pasted answers I need it with logical reasons and logical explanation. 1- Draw the network diagram 2- Calculate the critical path and the project completion for the project. 3. Calculate the cost of completing the project in normal time 4- Determine the absolute minimum time it will take to complete the project if the project is crashed as far as possible. Calculate the cost associated with this approach to the project. 5- If the company wants to complete the project in 40 weeks, which activities should be crashed?Calculate the additional cost incurred to complete the project in 40 weeks. Cash Cost (S) 20000 9000 24000 10000 34000 4500 9000 5000 8000 000 1000 24000
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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