Immediate Predecessors Normal Crash Normal Crash Activity Time Time Cost Cost A 10 9 $11,000 $15,000 B 15 13 20,000 25,000 -- 10 6 A 9,000 20,000 D 20 18 A 25,000 30,000 E 15 10 20,000 35,000 F 17 15 20,000 30,000 G 12 10 B 15,000 25,000 H 8. D,F 12,000 18,000 I 7 G,H 10,000 15,000

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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Problem 3: Kelly Melford

Kelly Melford and her team are working on redesigning a client's home. The client requested Kelly for the project to be completed sooner. Kelly asked her assistant to collect information from her team on the project. Her assistant organized the information she got into a table. The information is given in weeks.

Based on the information below, prepare a comprehensive report that includes the following:

3. Your insights on the cost-time trade-off for this project.

4. Your recommended strategy for crashing the project. 

Normal
Crash
Immediate
Normal
Crash
Activity
Time
Time
Predecessors
Cost
Cost
A
10
9
$11,000
$15,000
15
13
20,000
25,000
10
6
A.
9,000
20,000
D
20
18
A
25,000
30,000
15
10
20,000
35,000
F
17
15
B
20,000
30,000
G
12
10
B
15,000
25,000
H
9.
8.
D,F
12,000
18,000
I
7
G,H
10,000
15,000
Transcribed Image Text:Normal Crash Immediate Normal Crash Activity Time Time Predecessors Cost Cost A 10 9 $11,000 $15,000 15 13 20,000 25,000 10 6 A. 9,000 20,000 D 20 18 A 25,000 30,000 15 10 20,000 35,000 F 17 15 B 20,000 30,000 G 12 10 B 15,000 25,000 H 9. 8. D,F 12,000 18,000 I 7 G,H 10,000 15,000
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