(2-a)a. Development of a new deluxe version of a particular software product is being considered. The activities necessary for the completion of this are listed in the table below (Time in weeks). ActivityNormalTimeCrashTimeNormalCostCrashCostImmediatePredecessorA8620002600--B5222002700--C6421002500AD12623002600BE1179001200BF4315001900CG7421003600D, E, F i. What is the project completion date?ii. What is the total cost required for completing this project on normal time?iii. If you wish to reduce the time required to complete this project by two weeks, which activity or activities should be crashed, and how much will this increase the total cost?

Total cost is the cost that includes fixed cost and variable cost of goods and services.

Answered: i. What is the project completion date?…

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-a)

a. Development of a new deluxe version of a particular software product is being considered. The activities necessary for the completion of this are listed in the table below (Time in weeks).

Activity	Normal Time	Crash Time	Normal Cost	Crash Cost	Immediate Predecessor
A	8	6	2000	2600	--
B	5	2	2200	2700	--
C	6	4	2100	2500	A
D	12	6	2300	2600	B
E	11	7	900	1200	B
F	4	3	1500	1900	C
G	7	4	2100	3600	D, E, F

i. What is the project completion date?

ii. What is the total cost required for completing this project on normal time?

iii. If you wish to reduce the time required to complete this project by two weeks, which activity or activities should be crashed, and how much will this increase the total cost?

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