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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2. Three activities are candidates for crashing on a CPM network. Activity details are in the table below. Activity Normal Time Normal Cost Crash Duration Crash Cost A 9 days $8,000 7 days $12,000 B 5 days $2,000 3 days $10,000 с 12 days $9,000 11 days $12,000 a. What is the crash cost per unit time for activity A? b. What is the crash cost per unit time for activity B? c. Which activity should be crashed first to cut one day from the project's duration; how much is added to project cost? d. Which activity should be the next activity crashed to cut a second day from the project's duration; how much is added to project cost? e. Assuming no other paths become critical, how much can this project be shortened at what total added cost?
Ha Beyonce has started a new musical service automating the release of her key venture. Other pop stars are interested in how it works. Beyonce has asked you to analyze it from a project management angle, addressing the questions below. B(3) D(5) F(4) A(7) (G(5) C(4) (E(2) a. Find the critical path. O A-B-D-F-G O A-B-D-E-G O A-C-D-E-G O A-C-D-F-G BTS provided the following table with information you need to solve this problem. Note: times are shown in days ACTIVITY NORMAL TIME CRASH TIME NORMAL COST CRASH COST 6. ם00 ,$7 5,000 9,000 3,000 2,000 $ 8,000 7,000 10,200 4,500 4 D 4 E 3,000 F 2 4,000 5,000 7,000 8,000 4
Given the information below, what are the estimated expected (mean) times (in weeks) for activities A-H? What are the estimated standard deviations (in weeks) in the times for activities A-H?
Can i get help with the question below please and thank you 16) This could be a rover, probe/satellite, manned mission, telescope, etc. This mission must be accomplished using technology that is available today (no Warp or Epstein drives) and must be accomplished within your lifetime. Your mission will not be a copy of a real mission. Constraints: ▪ Answer using the underlined subheadings at each point below (Mission Objective, Target, Instrumentation), marks will be deducted for poorly organized answers. ▪ You target must be reachable by whatever you are sending within a human lifetime (~75 years), it would be nice to visit Gliese 581c, but it is 20 light years from Earth so for now it is unreachable. What this means is that you are constrained to our solar system except for telescopes that peer into the universe or a probe getting to interstellar space. ▪ If your mission includes sending humans, then we need to estimate a reasonable limit on how far we can send humans. For our…
What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL CRASH TIME (DAYS) TIME (DAYS) 9 7 7 6 5 4 6 4 9 6 ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) The minimum cost of crashing the following project at Sawaya Robotics by. 4 days is $ NORMAL COST 200 800 600 1,100 1,200 CRASH COST 300 875 675 1,300 1,875 IMMEDIATE PREDECESSOR(S) (enter your response as a whole number). A, B C
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PERT-CPM Yu and Mi Company is planning to computerize its accounting system. Its IT consultant has determined the following activities required to complete this project together with the time estimates and precedence relationships. Time estimates (weeks) Optimistic Most Likely Pessimistic 5 Activity Description Predecessor Recruit project personnel System development System training Equipment training Manual system test Prel. System changeover Computer-personnel interface Equipment redesign Equipment testing J A 8 12 17 B 3 15 C A 4 7 10 D A 8 23 В. С В. С D, E D, E E F 1 1 1 1 4 13 3 H 1 2.5 7 I H 1 1 1 System debugging and installation Equipment changeover F, G G, I K 5 8. 11 a. Determine the expected project completion time and the variance. b. What is the project's critical path? c. Determine the probability that the project will be completed in 40 weeks or less.
Develop a project network. Determine the expected project completion time. What is the probability that the project completion time will be completed? With in 2 weeks earlier than the expected project completion time? With in 1.5 week more than the expected project completion time ?
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
The following table provides the information necessary to construct a project network diagram and project crash data: Crash the project until no more crash can be performed How much it would cost The new critical path(s) Activity Immediate predecessor Activity Time (weeks) Activity Cost ($) Normal Crash Normal Crash A -- 16 8 2000 4400 B -- 14 9 1000 1800 C A 8 6 500 700 D A 5 4 600 1300 E B 4 2 1500 3000 F B 6 4 800 1600 G C 10 7 3000 4500 H D, E 15 10 5000 8000 End F, G, H
What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) NORMAL CRASH TIME (DAYS) TIME (DAYS) 8 7 7 6 6 6 9 6 NORMAL COST 400 1,100 700 900 1,200 CRASH COST 550 1,300 800 1,250 1,950 IMMEDIATE PREDECESSOR(S) The minimum cost of crashing the following project at Sawaya Robotics by 4 days is $ whole number). A, B C (enter your response as a
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

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