Chuck's Custom Boats (CCB) customizes speedboats to each customer's order. CCB has landed a contract with a mysterious New York lawyer (Mr. T). Relevant data are shown in the following table. The complication is that Mr. T wants delivery in 32 days or he will impose a penalty of $375 for each day his boat is late. Note: No activity can be crashed more than two days. CRASHING COSTS Immediate Normal Time Activity 1st pay 2nd Day Predecessor (days) K $410 $415 K 7 125 K 45 45 4 300 350 J N 50 J,M 200 225 Y 7 85 90 90 End Y, Z Click here for the Excel Data File a. Develop a crashing schedule. (Leave no cells blank - be certain to enter "0" wherever required.) Project Length Shorten Activity Crash Cost 39 38 90 37 N and L 36 Q 200 35 Q 34 33 cannot be crashed 32 cannot be crashed

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...
icon
Related questions
Question
100%
Chuck's Custom Boats (CCB) customizes speedboats to each customer's order. CCB has landed a contract with a mysterious New York
lawyer (Mr. T). Relevant data are shown in the following table. The complication is that Mr. T wants delivery in 32 days or he will impose
a penalty of $375 for each day his boat is late. Note: No activity can be crashed more than two days.
CRASHING COSTS
Immediate
Normal Time
Activity
2nd Day
Predecessor
(days)
1
Day
$410
K
9
$415
K
7
125
K
45
45
M
L
4
300
350
J
50
J,M
200
225
P
8.
Y
7
85
90
P
6.
90
End
Y, Z
Click here for the Excel Data File
a. Develop a crashing schedule. (Leave no cells blank - be certain to enter "O" wherever required.)
Project Length
Shorten Activity
Crash Cost
39
38
Z
90
37
N and L
36
Q
200
35
Q
34
33
cannot be crashed
32
cannot be crashed
Transcribed Image Text:Chuck's Custom Boats (CCB) customizes speedboats to each customer's order. CCB has landed a contract with a mysterious New York lawyer (Mr. T). Relevant data are shown in the following table. The complication is that Mr. T wants delivery in 32 days or he will impose a penalty of $375 for each day his boat is late. Note: No activity can be crashed more than two days. CRASHING COSTS Immediate Normal Time Activity 2nd Day Predecessor (days) 1 Day $410 K 9 $415 K 7 125 K 45 45 M L 4 300 350 J 50 J,M 200 225 P 8. Y 7 85 90 P 6. 90 End Y, Z Click here for the Excel Data File a. Develop a crashing schedule. (Leave no cells blank - be certain to enter "O" wherever required.) Project Length Shorten Activity Crash Cost 39 38 Z 90 37 N and L 36 Q 200 35 Q 34 33 cannot be crashed 32 cannot be crashed
b. What is the total of all crash costs and late penalties for Mr. T.?
Total of all crash costs
Transcribed Image Text:b. What is the total of all crash costs and late penalties for Mr. T.? Total of all crash costs
Expert Solution
steps

Step by step

Solved in 2 steps with 6 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
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…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.