Find the optimum duration and cost for the projects of a 11 activities, theindirect cost = 150 $ for each day ???NormalCrashedMinimumNormalCrashCrashChange inCost per Day(cost slope)CostDurationCostDurationRange5004750310043002200220026005760470068305200430031707200520043002802802100110016007670634502345Activity1-22-32-42-53-64-85-76-97-88-99-10Total cost

Project crashing is a process which helps to reduce the total duration of a project using additional…

Answered: Find the optimum duration and cost for…

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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DURATION, DAYS NORMAL ACCELERATED 5 3 5 4 3 2 5 # 3 # 3 ACTIVITY NODE A 0-1 B 0-2 C 0-3 D 1 to 2 E 2 to 3 4 F 3 to 4 5 determine the following: -Normal cost -additional cost -maximum crash time for activity A 7 NORMAL COST, PESO ACCELERATED 1,600.00 4,000.00 15,000.00 3,500.00 1,500.00 1,800.00 1,000.00 € 3,000.00 12,000.00 3,000.00 € 1,000.00 # 1,000.00
Act Dur. 1-2 A 2-3 8 5. 2-4 C 46 C 2-5 D 56 D 3-7 E 4-8 F 69 G 3. 5-10 H 7-11 I 8-12 J 9-14 K 10-13 L 13-14 M 11-18 N 12-15 O 15-17 O 15-18 O 14-17 P Find total duration to finish the project And find critical path By AoA method 3:33 PM /
3.1 Use the generated information to calculate the NPV of the project, to decide whether to go ahead with the project. Investment required Expected economic lifetime R200 000 5 years. Minimum required rate of return 10% Net annual cash inflows 1st year 2nd year R40 000 R100 000 R90 000 3rd year R40 000 4th year R30 000 5th year
Given the data table below develop the precedence network and perform the CPM calculations. Then, using the proposed crashing strategy calculate the normal, least-cost, and crash duration for the project below. Calculate the cost associated with each duration. Indirect cost (overhead) is $120 per day. Activity IPA A B E F G H | J A A,B B C,D F E,G H,I Duration Cost $ Normal Crash Normal Crash 5 4 2 4 7 4 6 8 A 3 3 4 5 3 4 3 2 $770 $900 $660 $700 $800 $1,070 $1,000 $1,110 $800 $920 $560 $630 $700 $810 $1,000 $1,260 $500 $580 $400 $600
Following are the activities of a project: Activity time in weeks Immediate Most Most MostActivity Precedence Optimistic Likely PessimisticA None 4 7 13B A 6 9 11C A 5 7 09D B 3 5 07E C 7 8 10F D 2 3 05G E 6 7 08H F&G…
Three activities are candidates for crashing on a project network for a large computer installation (all are, of course, critical). Activity details are in the following table: Normal Activity Time (days) A B с 7 4 11 Crash Time (days) 6 2 9 Normal Cost $5,000 $1,400 $4,200 Total Cost with Crashing Immediate Predecessor(s) $5,500 $3,100 $6,200 A
QUESTION 16 Refer to the project addressed in questions 21-30 of your Quiz 1 and associated worked solutions used in our review session. The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for the project. Activity A B D E Table 1 Reference: Ref 1 optimistic most likely time time 3 4 2 6 5 5 8 3 9 9 pessimistic time 7 10 5 12 15 Activity Predecessor A A B, C D Using Table 1, which of the following statements are correct? O A. The latest finish time of activity B is the same as its earliest finish time O B. Activity A is critical because it is the starting activity in the project O C. Activity D must be critical because it is the only predecessor of activity E O D. Answers A and B are correct O E. Answers A and C are correct
6. Suppose you are given the following data for a project: Activity Expected Activity Time (in days) ABCDEFGH F 24 24 30 Variance 2.1 2.8 1.8 H What is the probability the project will take less than 80 days? a. 2.5% b. 16% c. 84% d. 97.5% e. 99.85% I Critical Path Z 27 7 N
How can we determine the PW of the project?
What is the critical path of the project? a. BCGIKLM b. ABGIKLM c. ABDFGKLM d. ACFGIKLM e. ACEHJKLM
The following project has a critical path of ACD with an expected duration of 10 weeks and a standard deviation of 2 weeks. Given the cost data below. What is the P95 estimate of the cost of the project, Мean Stdh. Dev. Activity Predecessors Cost ($K) Cost ($K) none A 4 1.5 A 7. 2.75 B,C 2 0.5 O 19.6 O 8.4 22.8 O 24.2 O 14.6
Contract the workbreakdown structure for food bank control system project? Include the project controlling(status report) and project closing?

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