Pirmin's Bike Shop is behind on a custom bike and needs to crash 8 hours of time from the 8-step project. Given the project table below calculate the crash cost for 8 hours of time-savings. Suppose Pirmin calls the customer and asks for a project extension, reducing the amount of time he needs to crash. Calculate both the maximum time-savings available on a $25 crash budget and the cost to crash four hours of savings. Make sure to draw the project network before performing the analysis Activity A B C D E F H Normal Duration (hours) 2 3 5 3 6 1 NO 7 10 Normal Cost (S) 10 15 25 20 30 35 50 Crash Duration (hours) 2 2 ATA167 4 4 Crash Cost (5) 0 23 30 24 45 0 50 80 Immediate Predecessors None A B C C E F D. G

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...
icon
Related questions
Question
Pirmin's Bike Shop is behind on a custom bike and needs to crash 8 hours of time from the 8-step project.
Given the project table below calculate the crash cost for 8 hours of time-savings. Suppose Pirmin calls
the customer and asks for a project extension, reducing the amount of time he needs to crash. Calculate
both the maximum time-savings available on a $25 crash budget and the cost to crash four hours of
savings. Make sure to draw the project network before performing the analysis
Activity
A
B
C
D
E
F
G
GH
H
Normal
Duration
(hours)
2
3
5
3
6
1
7
10
Normal
Cost ($)
10
15
25
20
30
5
35
50
Crash
Duration
(hours)
2
2
4
1
4
67
Crash
Cost (5)
23
30
24
45
0
50
80
Immediate
Predecessors
None
A
B
C
C
E
F
D, G
Transcribed Image Text:Pirmin's Bike Shop is behind on a custom bike and needs to crash 8 hours of time from the 8-step project. Given the project table below calculate the crash cost for 8 hours of time-savings. Suppose Pirmin calls the customer and asks for a project extension, reducing the amount of time he needs to crash. Calculate both the maximum time-savings available on a $25 crash budget and the cost to crash four hours of savings. Make sure to draw the project network before performing the analysis Activity A B C D E F G GH H Normal Duration (hours) 2 3 5 3 6 1 7 10 Normal Cost ($) 10 15 25 20 30 5 35 50 Crash Duration (hours) 2 2 4 1 4 67 Crash Cost (5) 23 30 24 45 0 50 80 Immediate Predecessors None A B C C E F D, G
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.