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 $150 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 14. MIT Normal Time (days) Crash Time (days) Crash Cost ($) Immediate Activity Normal Cost (S) Predecessor(s) A 4 900 3 1,000 В 1,000 3 2,200 C 4 500 3 1,000 А. В D 3 1,200 2 1,500 B E 4 1.500 4. 1,500 C. D F 1,300 1 1,400 E G 900 1 1,500 E 5 300 2 600 G a. What is the project's duration if only normal times are used? The project duration isO day(s). (Enter your response as an integer.)

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 $150 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 14. MIT Normal Time (days) Crash Time (days) Crash Cost ($) Immediate Activity Normal Cost (S) Predecessor(s) A 4 900 3 1,000 В 1,000 3 2,200 C 4 500 3 1,000 А. В D 3 1,200 2 1,500 B E 4 1.500 4. 1,500 C. D F 1,300 1 1,400 E G 900 1 1,500 E 5 300 2 600 G a. What is the project's duration if only normal times are used? The project duration isO day(s). (Enter your response as an integer.)

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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Question

a. What is the project's duration if only normal times are used?

b. What is the minimum-cost schedule?

With the minimum-cost schedule, the project duration is ____day(s).?

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 $150 per day.
The company will incur a $200 per day penalty for each day the project lasts beyond day 14.
Normal Time
Crash Time
Crash Cost
Immediate
Activity
Normal Cost (S)
(days)
(days)
($)
Predecessor(s)
A
4
900
3
1.000
В
6
1,000
3
2,200
4.
500
3
1,000
А, В
3
1,200
2
1,500
В
E
1,500
4
1,500
C, D
F
2
1,300
1
1.400
E
G
4
900
1,500
E
H
300
2.
600
G
a. What is the project's duration if only normal times are used?
The project duration is day(s). (Enter your response as an integer.)

Processes involved in arranging, controlling, and optimizing the workloads and work activities in a manufacturing or production setup to minimize cost and increase the efficiency of staff and equipment.

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