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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 Crash Normal Total Cost with Activity Time (weeks) Time (weeks) Cost Crashing Immediate Predecessor(s) A 4 3 $2,100 $2,700 2 1 $2,100 $2,800 3 3 $500 $500 D 8 $2,300 $2,600 E 6 3 $800 $1,250 F 3 2 $3,000 $4,500 C G 4 2 $1,400 $1,800 D, E a) Based on the given information regarding the activities for the project, the project length = 16 weeks. b) The total cost required for completing this project on normal time = $ 12200 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 $ 75. 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) = $2130 Clear all Check answer

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 Total Cost with Activity Time (weeks) Time (weeks) Cost Crashing Immediate Predecessor(s) A 4 3 $2,100 $2,700 2 1 $2,100 $2,800 3 3 $500 $500 D 8 $2,300 $2,600 E 6 3 $800 $1,250 F 3 2 $3,000 $4,500 C G 4 2 $1,400 $1,800 D, E a) Based on the given information regarding the activities for the project, the project length = 16 weeks. b) The total cost required for completing this project on normal time = $ 12200 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 $ 75. 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) = $2130 Clear all Check answer

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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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 Crash Normal Total Cost with Activity Time (weeks) Time (weeks) Cost Crashing Immediate Predecessor(s) A 4 3 $2,100 $2,700 2 1 $2,100 $2,800 3 3 $500 $500 D 8 $2,300 $2,600 E 6 3 $800 $1,250 F 3 2 $3,000 $4,500 C G 4 2 $1,400 $1,800 D, E a) Based on the given information regarding the activities for the project, the project length = 16 weeks. b) The total cost required for completing this project on normal time = $ 12200 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 $ 75. 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) = $2130 Clear all Check answer
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: Normal Crash Normal Total Cost with Activity Time (weeks) Time (weeks) Cost Crashing Immediate Predecessor(s) A 4 3 $2,100 $2,700 2 1 $2,100 $2,800 3 3 $500 $500 D 8 $2,300 $2,600 E 6 3 $800 $1,250 F 3 2 $3,000 $4,500 C G 4 2 $1,400 $1,800 D, E a) Based on the given information regarding the activities for the project, the project length = 16 weeks. b) The total cost required for completing this project on normal time = $ 12200 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 $ 75. 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) = $2130 Clear all Check answer
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