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

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
icon
Related questions
Question
do fast
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
Expert Solution
steps

Step by step

Solved in 2 steps

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,