Required: (i) (ii) (iii) Draw a network and identify the critical path. What are the normal project duration and associated cost? Find out total float for each activity.
Required: (i) (ii) (iii) Draw a network and identify the critical path. What are the normal project duration and associated cost? Find out total float for each activity.
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...
Related questions
Question
![(b)
Dan Obel a project manager has identified the following activities along with their
costs.
Activity
Normal
Time in weeks
1-2
3
1-3
3
2-4
7
2-5
9
3-5
5
4-5
0
5-6
6
6-7
4
6-8
13
7-8
10
Indirect costs are Sh. 40 per week.
Required:
(1)
(ii)
(iii)
(iv)
Cost in Sh.
300
3-
420
720
250
0
320
400
780
1000
Time in weeks
2
3
5
7
4
0
4
3
10
9
Crash
Draw a network and identify the critical path.
What are the normal project duration and associated cost?
Find out total float for each activity.
Cost in Sh
400
30
580
810
300
0
410
470
900
1200
Page 2 of 4
Crash the relevant activities systematically and determine the optimum project
time and cost.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7667bd91-87be-494b-9fcc-47c51451bc30%2F1929adee-e072-483e-a453-fcd0fc6b3d8e%2Fkuoj5l_processed.png&w=3840&q=75)
Transcribed Image Text:(b)
Dan Obel a project manager has identified the following activities along with their
costs.
Activity
Normal
Time in weeks
1-2
3
1-3
3
2-4
7
2-5
9
3-5
5
4-5
0
5-6
6
6-7
4
6-8
13
7-8
10
Indirect costs are Sh. 40 per week.
Required:
(1)
(ii)
(iii)
(iv)
Cost in Sh.
300
3-
420
720
250
0
320
400
780
1000
Time in weeks
2
3
5
7
4
0
4
3
10
9
Crash
Draw a network and identify the critical path.
What are the normal project duration and associated cost?
Find out total float for each activity.
Cost in Sh
400
30
580
810
300
0
410
470
900
1200
Page 2 of 4
Crash the relevant activities systematically and determine the optimum project
time and cost.
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