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 Crash Normal Activity Time (weeks) Time (weeks) Cost ABCDEFG 4 2 3 8 6 3 4 3 1 3 4 3 2 2 $2,100 $2,300 $600 $2,400 $800 $3,400 $1,400 Total Cost with Crashing Immediate Predecessor(s) $2,750 $2,900 $600 $2,680 $1,100 $4,600 $1,900 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 = $ 13000. | | A B C D, E = 16 weeks. c) For reducing the duration of the project by one week, the activity that should be crashed first is activity D The cost of the project based on the first activity selected for crashing will increase by $ 70. d) The maximum weeks by which the project can be reduced by crashing = 7 weeks. Total cost of crashing the project to minimum (or maximum weeks possible) = $ 2500

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 Crash Normal Activity Time (weeks) Time (weeks) Cost ABCDEFG 4 2 3 8 6 3 4 3 1 3 4 3 2 2 $2,100 $2,300 $600 $2,400 $800 $3,400 $1,400 Total Cost with Crashing Immediate Predecessor(s) $2,750 $2,900 $600 $2,680 $1,100 $4,600 $1,900 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 = $ 13000. | | A B C D, E = 16 weeks. c) For reducing the duration of the project by one week, the activity that should be crashed first is activity D The cost of the project based on the first activity selected for crashing will increase by $ 70. d) The maximum weeks by which the project can be reduced by crashing = 7 weeks. Total cost of crashing the project to minimum (or maximum weeks possible) = $ 2500

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: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 4 3 $2,100 $2,800 — B 2 1 $2,300 $3,100 — C 3 3 $600 $600 — D 8 4 $2,400 $2,680 A E 6 3 $1,000 $1,450 B F 3 2 $3,200 $4,600 C G 4 2 $1,400 $2,000 D, E Part 2 a) Based on the given information regarding the activities for the project, the project length = enter your response here weeks.
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