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 $100 per day penalty for each day the project lasts beyond day 18. Activity A B C E F G H Normal Time (days) 5 4 4 3 4 2 5 5 b. What is the minimum-cost schedule? Normal Cost ($) 800 1,000 600 1,200 1,500 1,300 900 500 Crash Time (days) a. What is the project's duration if only normal times are used? The project duration is 22 day(s). (Enter your response as an integer.) 3 3 3 2 2 1 3 5 Crash Cost ($) 1,600 1,200 900 1,500 1,700 1,400 1,200 500 Immediate Predecessor(s) With the minimum-cost schedule, the project duration is 17 day(s). (Enter your response as an integer.) c. What is the critical path for the minimum-cost schedule? The critical path for the minimum-cost schedule is B-D-E-G-H D A, B B C, D E E G

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
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Chapter2: Introduction To Spreadsheet Modeling
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Question
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 $100 per day penalty for each day the project lasts beyond
day 18.
Activity
A
B
C
D
E
F
G
H
Normal
Time (days)
5
4
4
3
4
b. What is the minimum-cost schedule?
800
1,000
600
1,200
1,500
1,300
900
500
a. What is the project's duration if only normal times are used?
The project duration is 22 day(s). (Enter your response as an integer.)
2
Normal Cost ($)
55
Crash
Time (days)
3
3
3
N N
2
2
1
35
Crash Cost
($)
1,600
1,200
900
1,500
1,700
1,400
1,200
500
Immediate Predecessor(s)
With the minimum-cost schedule, the project duration is 17 day(s). (Enter your response as an integer.)
c. What is the critical path for the minimum-cost schedule?
The critical path for the minimum-cost schedule is B-D-E-G-H
A, B
B
C, D
E
шо
E
G
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 given in the following table. Indirect project costs amount to $150 per day. The company will incur a $100 per day penalty for each day the project lasts beyond day 18. Activity A B C D E F G H Normal Time (days) 5 4 4 3 4 b. What is the minimum-cost schedule? 800 1,000 600 1,200 1,500 1,300 900 500 a. What is the project's duration if only normal times are used? The project duration is 22 day(s). (Enter your response as an integer.) 2 Normal Cost ($) 55 Crash Time (days) 3 3 3 N N 2 2 1 35 Crash Cost ($) 1,600 1,200 900 1,500 1,700 1,400 1,200 500 Immediate Predecessor(s) With the minimum-cost schedule, the project duration is 17 day(s). (Enter your response as an integer.) c. What is the critical path for the minimum-cost schedule? The critical path for the minimum-cost schedule is B-D-E-G-H A, B B C, D E шо E G
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