Draw the network diagram and determine the minimum total time (in weeks) using the concept of project crashing for the following data. Activity Normal time Normal cost Crash time Crash cost 1- 2 14 1400 8 1700 1-3 10 1000 6 1400 1- 4 16 1200 10 2400 2 - 5 18 1600 14 2500 3 - 5 10 1400 6 2000 3 - 6 12 2200 10 260O 4 - 6 14 2400 10 2900 5 - 7 4 800 2 1000 6 - 7 6 1000 4 1700 If the indirect cost per week is 200, Compute the optimal crashed project completion time.

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...
icon
Related questions
Question
please answer in details within 30 minutes.
Draw the network diagram and determine the
minimum total time (in weeks) using the concept of
project crashing for the following data.
Activity Normal time Normal cost Crash time
Crash cost
1- 2 14 1400 8 1700
1-3 10 1000 6 1400
1- 4 16 1200 10 2400
2 - 5 18 1600 14 2500
3 - 5 10 1400 6 200O
3 - 6 12 2200 10 260O
4 - 6 14 2400 10 2900
5 - 7 4 800 2 1000
6 - 7 6 1000 4 1700
If the indirect cost per week is 200, Compute the
optimal crashed project completion time.
Transcribed Image Text:Draw the network diagram and determine the minimum total time (in weeks) using the concept of project crashing for the following data. Activity Normal time Normal cost Crash time Crash cost 1- 2 14 1400 8 1700 1-3 10 1000 6 1400 1- 4 16 1200 10 2400 2 - 5 18 1600 14 2500 3 - 5 10 1400 6 200O 3 - 6 12 2200 10 260O 4 - 6 14 2400 10 2900 5 - 7 4 800 2 1000 6 - 7 6 1000 4 1700 If the indirect cost per week is 200, Compute the optimal crashed project completion time.
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

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,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.