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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: Crashed Cost Predecessor(s) Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost A 3 2 $1,050 8 5 $2,120 2 $1,300 3 $2.200 3 $1,800 $4,150 $1,000 B с D E F G What is the overall duration of the project? 16 D OE ос Which of the following activities has the lowest crash cost per week? A 4 7 8 3 4 OB 2 Which of the following activities has the highest crash cost per week? ос E OA OC OD 2 If you wanted to shorten the overall duration of the project, which activity should you crash first? Number $3,200 $2.500 $2,400 $2.400 $2,400 $5,260 $2.050 What is the total cost of crashing the project from its current duration down to 13 weeks? 625 What is the total cost of crashing the project from its original duration to 11 weeks? A B C D. 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: Crashed Cost Predecessor(s) Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost A 3 2 $1,050 8 5 $2,120 2 $1,300 3 $2.200 3 $1,800 $4,150 $1,000 B с D E F G What is the overall duration of the project? 16 D OE ос Which of the following activities has the lowest crash cost per week? A 4 7 8 3 4 OB 2 Which of the following activities has the highest crash cost per week? ос E OA OC OD 2 If you wanted to shorten the overall duration of the project, which activity should you crash first? Number $3,200 $2.500 $2,400 $2.400 $2,400 $5,260 $2.050 What is the total cost of crashing the project from its current duration down to 13 weeks? 625 What is the total cost of crashing the project from its original duration to 11 weeks? A B C D. 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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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: Normal Cost Crashed Cost Predecessor(s) Activity Normal Time (weeks) Crashed Time (weeks) A 3 2 B с D E F G D O E OC 6 4 What is the overall duration of the project? 16 OG OB 7 6 3 4 Which of the following activities has the lowest crash cost per week? OA OD 5 2 3 3 2 2 Which of the following activities has the highest crash cost per week? OC $1,050 $2,120 $1,300 $2,200 $1,800 $4,150 $1,600 $3,200 $2,500 $2,400 $2,400 $2,400 If you wanted to shorten the overall duration of the project, which activity should you crash first? OB E OA $5,260 $2,050 What is the total cost of crashing the project from its original duration to 11 weeks? Number What is the total cost of crashing the project from its current duration down to 13 weeks? 625 A B C D, 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: Normal Cost Crashed Cost Predecessor(s) Activity Normal Time (weeks) Crashed Time (weeks) A 3 2 B с D E F G D O E OC 6 4 What is the overall duration of the project? 16 OG OB 7 6 3 4 Which of the following activities has the lowest crash cost per week? OA OD 5 2 3 3 2 2 Which of the following activities has the highest crash cost per week? OC $1,050 $2,120 $1,300 $2,200 $1,800 $4,150 $1,600 $3,200 $2,500 $2,400 $2,400 $2,400 If you wanted to shorten the overall duration of the project, which activity should you crash first? OB E OA $5,260 $2,050 What is the total cost of crashing the project from its original duration to 11 weeks? Number What is the total cost of crashing the project from its current duration down to 13 weeks? 625 A B C D, E
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