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 A B с D E F G 4 2 3 8 6 3 4 3 1 3 4 3 2 2 $2,000 $2,300 weeks. $600 $2,300 $900 $3,200 $1,500 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 = $ 12800. 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 Total cost of crashing the project to minimum (or maximum weeks possible) = $ Total Cost with Crashing Immediate Predecessor(s) $2,650 $2,900 $600 $2,600 $1,200 $4,400 $1,900 A B с D, E
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 A B с D E F G 4 2 3 8 6 3 4 3 1 3 4 3 2 2 $2,000 $2,300 weeks. $600 $2,300 $900 $3,200 $1,500 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 = $ 12800. 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 Total cost of crashing the project to minimum (or maximum weeks possible) = $ Total Cost with Crashing Immediate Predecessor(s) $2,650 $2,900 $600 $2,600 $1,200 $4,400 $1,900 A B с D, E
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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