Financial data of a highway construction project is given . You are questioned to develop a plan such that both cost and project duration would be at optimum status. A,C,E,H are the activities that have no float. Office rent $ 50/- per day Bills $ 30/- per day Miscellaneous expenses $78/- per day

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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Financial data of a highway construction project is given . You are questioned to develop a plan such that both cost and project duration would be at optimum status. A,C,E,H are the activities that have no float. Office rent $ 50/- per day Bills $ 30/- per day Miscellaneous expenses $78/- per day
Duration (days)
Cost ($)
ACTIVITY
IPA
NORMAL
CRASH
NORMAL
CRASH
A
4
400
500
A
250
400
A
700
820
11
7
1100
1300
B. C
700
800
400
450
G
D, F
7
600
900
E, F
5
200
320
4)
4)
5,
co
ui
Transcribed Image Text:Duration (days) Cost ($) ACTIVITY IPA NORMAL CRASH NORMAL CRASH A 4 400 500 A 250 400 A 700 820 11 7 1100 1300 B. C 700 800 400 450 G D, F 7 600 900 E, F 5 200 320 4) 4) 5, co ui
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