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Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table Normal Time (weeks) Crash Time (weeks) 3 Total Cost with Immediate. Crashing Predecessor(s) Activity A 4 Normal Cost $2,000 $2,300 $750 $2,300 B 1 $2,650 $3,100 $750 С 3 D 4 A E 3 B $2,580 $1,000 $1,300 $4,400 $2,000 F 2 C $3,000 $1,600 G 2 D, E weeks. a) Based on the given information regarding the activities for the project, the project length = b) The total cost required for completing this project on normal time = $ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity Y The cost of the project based on the first activity selected for crashing will increase by $ d) The maximum weeks by which the project can be reduced by crashing = ✔weeks. 4 Total cost of crashing the project to minimum (or maximum wooks possible) = $ 2 3 8 6 3 4

Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table Normal Time (weeks) Crash Time (weeks) 3 Total Cost with Immediate. Crashing Predecessor(s) Activity A 4 Normal Cost $2,000 $2,300 $750 $2,300 B 1 $2,650 $3,100 $750 С 3 D 4 A E 3 B $2,580 $1,000 $1,300 $4,400 $2,000 F 2 C $3,000 $1,600 G 2 D, E weeks. a) Based on the given information regarding the activities for the project, the project length = b) The total cost required for completing this project on normal time = $ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity Y The cost of the project based on the first activity selected for crashing will increase by $ d) The maximum weeks by which the project can be reduced by crashing = ✔weeks. 4 Total cost of crashing the project to minimum (or maximum wooks possible) = $ 2 3 8 6 3 4

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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Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table D Total Cost with Normal Time Crash Time Normal Immediate Activity (weeks) (weeks) Cost Crashing Predecessor(s) A 4 3 $2,000 $2,650 B 2 1 $2,300 $3,100 TTTT C 3 3 $750 $750 D 8 4 $2,300 $2,580 A E 6 3 $1,000 $1,300 B F 3 2 $3,000 $4,400 C G 4 2 $1,600 $2,000 D, E a) Based on the given information regarding the activities for the project, the project length = weeks. b) The total cost required for completing this project on normal time = $ ▼ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ weeks. d) The maximum weeks by which the project can be reduced by crashing = Total cost of crashing the project to minimum (or maximum weeks possible) = $
Transcribed Image Text:Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table D Total Cost with Normal Time Crash Time Normal Immediate Activity (weeks) (weeks) Cost Crashing Predecessor(s) A 4 3 $2,000 $2,650 B 2 1 $2,300 $3,100 TTTT C 3 3 $750 $750 D 8 4 $2,300 $2,580 A E 6 3 $1,000 $1,300 B F 3 2 $3,000 $4,400 C G 4 2 $1,600 $2,000 D, E a) Based on the given information regarding the activities for the project, the project length = weeks. b) The total cost required for completing this project on normal time = $ ▼ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ weeks. d) The maximum weeks by which the project can be reduced by crashing = Total cost of crashing the project to minimum (or maximum weeks possible) = $
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