The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to $250 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 12 Crash Cost (5) Normal Time Crash Time Immediate Activity Normal Cost ($) Predecessor(s) (days) (days) B00 4. 1,000 1,100 2.900 2. 600 900 A, B 3. 1,200 2. 2,000 1,500 1.700 C, D 1,300 1. 1.400 900 900 H. 500 800 G. A What is the projects duration f only normal tmes are used? The project duration is days) (Enter your response as an integer) b. What is the minimum-cost schedule?

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
please answer within 30 minutes. its urgent.
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are gven in the following table. Indirect
project costs amount to $250 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 12.
Crash Time
Crash Cost
Immediate
Normal Time
Activity
(days)
Normal Cost (S)
(days)
(S)
Predecessor(s)
A
800
4.
1.000
1,100
2.
2.900
2.
600
1
900
A, B
2,000
1,200
1.500
3
3.
1.700
C.D
1,300
1,400
G.
3.
900
3.
900
500
800
a What is the projects duration if only norma times are used?
The project duration isdays). (Enter your response as an integer)
b. What is the minimum-cost schedule?
Transcribed Image Text:The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are gven in the following table. Indirect project costs amount to $250 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 12. Crash Time Crash Cost Immediate Normal Time Activity (days) Normal Cost (S) (days) (S) Predecessor(s) A 800 4. 1.000 1,100 2. 2.900 2. 600 1 900 A, B 2,000 1,200 1.500 3 3. 1.700 C.D 1,300 1,400 G. 3. 900 3. 900 500 800 a What is the projects duration if only norma times are used? The project duration isdays). (Enter your response as an integer) b. What is the minimum-cost schedule?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Similar questions
  • SEE MORE 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.