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PM.66 Real estate developer Russell Call was working with a few contractors to make a number of improvements to one of his rental properties. After gathering information from these contractors he determined the following durations, predecessors, and costs of all the required activities: Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 3 $1,000 $3,300 В 2 1 $2,160 $2,460 3 2 $1,300 $3,000 D 7 3 $2,000 $2,500 A 3 $1,650 $2,100 B F 4 3 $4,100 $5,260 G 4 2 $1,650 $2,100 D, E What is the overall duration of the project? Number Which of the following activities has the lowest crash cost per week? O A O D O E

PM.66 Real estate developer Russell Call was working with a few contractors to make a number of improvements to one of his rental properties. After gathering information from these contractors he determined the following durations, predecessors, and costs of all the required activities: Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 3 $1,000 $3,300 В 2 1 $2,160 $2,460 3 2 $1,300 $3,000 D 7 3 $2,000 $2,500 A 3 $1,650 $2,100 B F 4 3 $4,100 $5,260 G 4 2 $1,650 $2,100 D, E What is the overall duration of the project? Number Which of the following activities has the lowest crash cost per week? O A O D O E

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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Which of the following activities has the highest crash cost per week? G F В If you wanted to shorten the overall duration of the project, which activity should you crash first? C A E What is the total cost of crashing the project from its current duration down to 11 weeks? Number What is the total cost of crashing the project from its original duration to 9 weeks? Number
Transcribed Image Text:Which of the following activities has the highest crash cost per week? G F В If you wanted to shorten the overall duration of the project, which activity should you crash first? C A E What is the total cost of crashing the project from its current duration down to 11 weeks? Number What is the total cost of crashing the project from its original duration to 9 weeks? Number
PM.66 Real estate developer Russell Call was working with a few contractors to make a number of improvements to one of his rental properties. After gathering information from these contractors he determined the following durations, predecessors, and costs of all the required activities: Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) А 3 $1,000 $3,300 В 1 $2,160 $2,460 3 2 $1,300 $3,000 D 7 3 $2,000 $2,500 A E 3 $1,650 $2,100 B F 4 3 $4,100 $5,260 G 4 2 $1,650 $2,100 D, E What is the overall duration of the project? Number Which of the following activities has the lowest crash cost per week? O A O E
Transcribed Image Text:PM.66 Real estate developer Russell Call was working with a few contractors to make a number of improvements to one of his rental properties. After gathering information from these contractors he determined the following durations, predecessors, and costs of all the required activities: Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) А 3 $1,000 $3,300 В 1 $2,160 $2,460 3 2 $1,300 $3,000 D 7 3 $2,000 $2,500 A E 3 $1,650 $2,100 B F 4 3 $4,100 $5,260 G 4 2 $1,650 $2,100 D, E What is the overall duration of the project? Number Which of the following activities has the lowest crash cost per week? O A O E
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