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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 C D E F U I I J - A A,B B C,D D F E,G H,I Duration Normal 5 3 7 4 6 6 5 8 4 3 Cost $ Crash Normal Crash 4 2 4 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

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 C D E F U I I J - A A,B B C,D D F E,G H,I Duration Normal 5 3 7 4 6 6 5 8 4 3 Cost $ Crash Normal Crash 4 2 4 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

Practical Management Science
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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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
Transcribed Image Text: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
Proposed crashing strategy: Act Duration Cost $ A Norm Crash Norm Crash Cost Days A 5 4 770 900 130 1 B 3 2 660 700 40 1 с 7 4 800 1,070 270 3 D 4 1,000 1,110 110 1 6 800 920 120 2 560 630 70 1 700 810 110 2 1,000 1,260 260 4 500 580 80 1 400 600 200 1 E F G H 6 J 5 8 I 4 3 LO A A cost A days 4 5 3 4 3 2 130 40 90 110 60 70 55 65 4 80 200 Days shortened 1 3 1 1
Transcribed Image Text:Proposed crashing strategy: Act Duration Cost $ A Norm Crash Norm Crash Cost Days A 5 4 770 900 130 1 B 3 2 660 700 40 1 с 7 4 800 1,070 270 3 D 4 1,000 1,110 110 1 6 800 920 120 2 560 630 70 1 700 810 110 2 1,000 1,260 260 4 500 580 80 1 400 600 200 1 E F G H 6 J 5 8 I 4 3 LO A A cost A days 4 5 3 4 3 2 130 40 90 110 60 70 55 65 4 80 200 Days shortened 1 3 1 1
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