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Analyze the schedule and caleulate the additional cost you will request from Patty to shorten the contract time to 18 days. Prepare a memo to Big Mike that summarizes your results and recommend to him the most economically advantageous strategy for the company to follow. Be sure to attach your calculations to support your recommendation. Normal Crash Activity Duration Cost Duration Cost Move In 3 1,000 3 1,000 Girading Procure Materials Demolition Curbing Install Pipe Paving S 2,000 3 5,000 6. S 4,000 4 5,600 4 S 2,000 3 $ 2,400 S 2,000 2,600 2,500 2 5,200 4 2,000 2 2,700 Haul off Rubble 4,000 4,400 Seeding Fencing 2,000 3. 2,000 4 3,000 6,000 Move Out 2 5,000 2 5,000

Analyze the schedule and caleulate the additional cost you will request from Patty to shorten the contract time to 18 days. Prepare a memo to Big Mike that summarizes your results and recommend to him the most economically advantageous strategy for the company to follow. Be sure to attach your calculations to support your recommendation. Normal Crash Activity Duration Cost Duration Cost Move In 3 1,000 3 1,000 Girading Procure Materials Demolition Curbing Install Pipe Paving S 2,000 3 5,000 6. S 4,000 4 5,600 4 S 2,000 3 $ 2,400 S 2,000 2,600 2,500 2 5,200 4 2,000 2 2,700 Haul off Rubble 4,000 4,400 Seeding Fencing 2,000 3. 2,000 4 3,000 6,000 Move Out 2 5,000 2 5,000

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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Project Scheduling and Control A6 – Schedule Crashing UNC CHARLOTTE You pick up the phone and ring Big Mike on the intercom. "Big Mike, I just got off the phone with Patty. We need to talk" you tell him. "Who?" he asks. "Patty. You know, from Patty's Precious Pets. We're paving her parking lot" you explain. "Oh, Patty, yeah. How is she?" Big Mike asks. "She is in a hurry. She wants us to shorten our project. She wants us done by the 22nd. She has some petting zo0 planned for the grand opening and they can only be there on the 26th. She says she needs the 4 days to get ready. So, that ties us to the 22nd» you tell him. "The 22nd?! That only give us...." Big Mike trails off. "18 days. It gives us 18 days. She wants to know how much more it will cost. Let's chat" you tell him. "I'll be in your office in 5 minutes. I'm almost done going through that leveling problem you worked out for me. That's good stuff. We should do more of that" Big Mike says and hangs up. Five minutes later Big Mike is sitting across the desk from you looking at the schedule network you just handed him. "That's our schedule. What can we crash?" you ask. "Crash? Oh, you mean what activities can we shorten?" Big Mike asks. "Yeah. Which ones, how much, and at what cost?" you tell him. After about 30 minutes and several sheets of scrap paper, the two of you have sketched out the schedule crashing table attached. "Ok, you talked with Patty and know what she wants. You take it from here. Just keep me in the loop. This is the last time I take a project just to help out a college buddy. I figured indirect costs for that project were $500 per day and the liquidated damages are only $400 per day. We'll help her if we can, but we're going to do what is best for us" Big Mike explains. With the words "what is best for us" still in your head, you start to crash the schedule. Assignment Analyze the schedule and calculate the additional cost you will request from Patty to shorten the contract time to 18 days. Prepare a memo to Big Mike that summarizes your results and recommend to him the most economically advantageous strategy for the company to follow. Be sure to attach your calculations to support your recommendation.
Transcribed Image Text:Project Scheduling and Control A6 – Schedule Crashing UNC CHARLOTTE You pick up the phone and ring Big Mike on the intercom. "Big Mike, I just got off the phone with Patty. We need to talk" you tell him. "Who?" he asks. "Patty. You know, from Patty's Precious Pets. We're paving her parking lot" you explain. "Oh, Patty, yeah. How is she?" Big Mike asks. "She is in a hurry. She wants us to shorten our project. She wants us done by the 22nd. She has some petting zo0 planned for the grand opening and they can only be there on the 26th. She says she needs the 4 days to get ready. So, that ties us to the 22nd» you tell him. "The 22nd?! That only give us...." Big Mike trails off. "18 days. It gives us 18 days. She wants to know how much more it will cost. Let's chat" you tell him. "I'll be in your office in 5 minutes. I'm almost done going through that leveling problem you worked out for me. That's good stuff. We should do more of that" Big Mike says and hangs up. Five minutes later Big Mike is sitting across the desk from you looking at the schedule network you just handed him. "That's our schedule. What can we crash?" you ask. "Crash? Oh, you mean what activities can we shorten?" Big Mike asks. "Yeah. Which ones, how much, and at what cost?" you tell him. After about 30 minutes and several sheets of scrap paper, the two of you have sketched out the schedule crashing table attached. "Ok, you talked with Patty and know what she wants. You take it from here. Just keep me in the loop. This is the last time I take a project just to help out a college buddy. I figured indirect costs for that project were $500 per day and the liquidated damages are only $400 per day. We'll help her if we can, but we're going to do what is best for us" Big Mike explains. With the words "what is best for us" still in your head, you start to crash the schedule. Assignment Analyze the schedule and calculate the additional cost you will request from Patty to shorten the contract time to 18 days. Prepare a memo to Big Mike that summarizes your results and recommend to him the most economically advantageous strategy for the company to follow. Be sure to attach your calculations to support your recommendation.
1:29 7 CMET_4126_A06_Sch... Toop. This Is thne aist time T take a project just to neip our a couege buaay. Tngureu nuireer costs for that project were $500 per day and the liquidated damages are only $400 per day. We'll help her if we can, but we're going to do what is best for us" Big Mike explains. With the words "what is best for us" still in your head, you start to crash the schedule. Assignment Analyze the schedule and calculate the additional cost you will request from Patty to shorten the contract time to 18 days. Prepare a memo to Big Mike that summarizes your results and recommend to him the most economically advantageous strategy for the company to follow. Be sure to attach your calculations to support your recommendation. Normal Crash Activity Duration Cost Duration Cost Move In 3 S 1,000 3 S 1,000 Grading IS 2,000 3 S 5,000 Procure Materials 6 4,000 4 $ 5,600 Demolition Curbing $ 2,000 3 S 2,400 3 2,000 2,600 Install Pipe 2,500 S 5,200 Paving 4 2,000 2 2,700 Haul off Rubble S 4,000 5 4,400 Seeding 3 2,000 3 S 2,000 Fencing 4 3,000 $ 6,000 Move Out 2 S 5,000 2 S 5,000 Paving Grading 5 Curbing 3 Seeding 3 Move In 3 Procure Materials Install Pipe 5 Fencing 4 Move Out 2 Demolition 4 Haul off Rubble 7 3 Dashboard Calendar To Do Notifications Inbox 因 ::
Transcribed Image Text:1:29 7 CMET_4126_A06_Sch... Toop. This Is thne aist time T take a project just to neip our a couege buaay. Tngureu nuireer costs for that project were $500 per day and the liquidated damages are only $400 per day. We'll help her if we can, but we're going to do what is best for us" Big Mike explains. With the words "what is best for us" still in your head, you start to crash the schedule. Assignment Analyze the schedule and calculate the additional cost you will request from Patty to shorten the contract time to 18 days. Prepare a memo to Big Mike that summarizes your results and recommend to him the most economically advantageous strategy for the company to follow. Be sure to attach your calculations to support your recommendation. Normal Crash Activity Duration Cost Duration Cost Move In 3 S 1,000 3 S 1,000 Grading IS 2,000 3 S 5,000 Procure Materials 6 4,000 4 $ 5,600 Demolition Curbing $ 2,000 3 S 2,400 3 2,000 2,600 Install Pipe 2,500 S 5,200 Paving 4 2,000 2 2,700 Haul off Rubble S 4,000 5 4,400 Seeding 3 2,000 3 S 2,000 Fencing 4 3,000 $ 6,000 Move Out 2 S 5,000 2 S 5,000 Paving Grading 5 Curbing 3 Seeding 3 Move In 3 Procure Materials Install Pipe 5 Fencing 4 Move Out 2 Demolition 4 Haul off Rubble 7 3 Dashboard Calendar To Do Notifications Inbox 因 ::
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