Task DescriptionPrecedenceTime (days)cost($)crash time (days)Per day revised costPreparation of drawings and permits-1472,500 1010,000Calling and letting of tenders-68 166,7506623,000Site preparation and excavationA6116,000 416000Pouring the foundationA24250,000 24-FramingC,D40145,000 3020000Plumbing and electrical workD18159,500 1222000Interior finishedF16108,750 1215000Exterior finishesE,G22175,000 22-Installing and commissioning new machinesB,E34101,500 3014000Finishing touches and final work throughH,I3264,000 32-Calculate the minimum time and associate cost in which the project could be completed

The Minimum time the Project could be done is 128days costs associated are crashing I, A, and B…

Answered: k Description Precedence Time (days)…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Task Description	Precedence	Time (days)	cost($)	crash time (days)	Per day revised cost
Preparation of drawings and permits	-	14	72,500	10	10,000
Calling and letting of tenders	-	68	166,750	66	23,000
Site preparation and excavation	A	6	116,000	4	16000
Pouring the foundation	A	24	250,000	24	-
Framing	C,D	40	145,000	30	20000
Plumbing and electrical work	D	18	159,500	12	22000
Interior finished	F	16	108,750	12	15000
Exterior finishes	E,G	22	175,000	22	-
Installing and commissioning new machines	B,E	34	101,500	30	14000
Finishing touches and final work through	H,I	32	64,000	32	-

Calculate the minimum time and associate cost in which the project could be completed

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