Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks)Cost ($1,000s)ActivityDescriptionImmediatePredecessorNormalCrashNormalCrashAPlan needs 1083070BOrder equipmentA86120150CInstall equipmentB107100160DSet up training labA764050EConduct training courseD1085075FTest systemC, E3360 (d) Assume that the company wants to complete the project in six months or 26 weeks. What is the amount of crash time (in weeks) for each activity that minimizes cost?(A, B, C, D, E) =(e)Develop an activity schedule for the crashed project.ActivityEarliestStartLatestStartEarliestFinishLatestFinishSlackA B C D E F (f) What added project cost (in thousands of dollars) is required to meet the six-month completion time? thousands of dollars

Using the normal data for each activity, I would draw the network diagram, First, I would determine…

Answered: d) Assume that the company wants to…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities.

Activity	Description	Immediate Predecessor	Normal	Crash	Normal	Crash
			Time (weeks)	Cost ($1,000s)
A	Plan needs		10	8	30	70
B	Order equipment	A	8	6	120	150
C	Install equipment	B	10	7	100	160
D	Set up training lab	A	7	6	40	50
E	Conduct training course	D	10	8	50	75
F	Test system	C, E	3	3	60

(d) Assume that the company wants to complete the project in six months or 26 weeks. What is the amount of crash time (in weeks) for each activity that minimizes cost?

(A, B, C, D, E) =

(e)

Develop an activity schedule for the crashed project.

Activity	Earliest Start	Latest Start	Earliest Finish	Latest Finish	Slack
A
B
C
D
E
F

(f) What added project cost (in thousands of dollars) is required to meet the six-month completion time?

thousands of dollars

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