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Normal Time Problem 1 You are the manager of a project to improve a billing process at your firm. The following table contains the data you will need to conduct crashing of the project duration. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after Week 12. Activity Immediate Predecessor(s) Crash Time (weeks) Normal (Direct) Cost Crash Cost (weeks) ($) ($) A 4 1 5,000 8,000 B 5 2 8,000 11,000 C A 1 1 4,000 4,000 Ꭰ B 6 3 6,000 12,000 E B, C 7 6 4,000 7,000 F Ꭰ 7 6 4,000 7,000 What is the optimum choice for project duration?

Normal Time Problem 1 You are the manager of a project to improve a billing process at your firm. The following table contains the data you will need to conduct crashing of the project duration. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after Week 12. Activity Immediate Predecessor(s) Crash Time (weeks) Normal (Direct) Cost Crash Cost (weeks) ($) ($) A 4 1 5,000 8,000 B 5 2 8,000 11,000 C A 1 1 4,000 4,000 Ꭰ B 6 3 6,000 12,000 E B, C 7 6 4,000 7,000 F Ꭰ 7 6 4,000 7,000 What is the optimum choice for project duration?

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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Normal Time Problem 1 You are the manager of a project to improve a billing process at your firm. The following table contains the data you will need to conduct crashing of the project duration. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after Week 12. Activity Immediate Predecessor(s) Crash Time (weeks) Normal (Direct) Cost Crash Cost (weeks) ($) ($) A 4 1 5,000 8,000 B 5 2 8,000 11,000 C A 1 1 4,000 4,000 Ꭰ B 6 3 6,000 12,000 E B, C 7 6 4,000 7,000 F Ꭰ 7 6 4,000 7,000 What is the optimum choice for project duration?
Transcribed Image Text:Normal Time Problem 1 You are the manager of a project to improve a billing process at your firm. The following table contains the data you will need to conduct crashing of the project duration. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after Week 12. Activity Immediate Predecessor(s) Crash Time (weeks) Normal (Direct) Cost Crash Cost (weeks) ($) ($) A 4 1 5,000 8,000 B 5 2 8,000 11,000 C A 1 1 4,000 4,000 Ꭰ B 6 3 6,000 12,000 E B, C 7 6 4,000 7,000 F Ꭰ 7 6 4,000 7,000 What is the optimum choice for project duration?
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