I 3x A 4x

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Please answer very soon will give rating surely

F
G
в
5
5
I
D
3x
A
4
4x
E
H
C
4
5
5
Completion Time: 21
Total Cost S 550
Transcribed Image Text:F G в 5 5 I D 3x A 4 4x E H C 4 5 5 Completion Time: 21 Total Cost S 550
Use the information contained below to compress one time unit per move using the least cost method. Reduce the schedule until you reach
the crash point of the network. For each move identify what activity(s) was crashed, the adjusted total cost, and explain your choice if you
have to choose between activities that cost the same.
Note: Crash point of the network is the point in which the duration cannot be reduced any further.
Activity
Crash Cost
Maximum
ID
(Slope)
Crash Time
Normal Time Normal Cost
A
4
S50
B
$40
3
5
70
C
40
1
5
80
D
40
4
40
E
40
2
5
60
F
40
1
5
50
G
30
1
4
70
H
30
1
4
80
I
3
50
Total Direct Normal Costs - $550
Transcribed Image Text:Use the information contained below to compress one time unit per move using the least cost method. Reduce the schedule until you reach the crash point of the network. For each move identify what activity(s) was crashed, the adjusted total cost, and explain your choice if you have to choose between activities that cost the same. Note: Crash point of the network is the point in which the duration cannot be reduced any further. Activity Crash Cost Maximum ID (Slope) Crash Time Normal Time Normal Cost A 4 S50 B $40 3 5 70 C 40 1 5 80 D 40 4 40 E 40 2 5 60 F 40 1 5 50 G 30 1 4 70 H 30 1 4 80 I 3 50 Total Direct Normal Costs - $550
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Introduction to Forecasting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON