The durations and direct costs for each activity under both normal and crash conditions are given in the following table. Establish the schedule and the least cost for expediting the contract. Determine the optimum cost of the contract assuming the indirect cost is 125 $/day. 1 2 3 4 5 6 7 8 9 ID Predecessor(s) 1 1 2 2 3 3,5 6 4,7,8 Normal Duration (days) 12 8 15 23 5 5 20 13 12 Cost (S) 7000 5000 4000 5000 1000 3000 6000 2500 3000 Crash Duration (days) 10 6 12 23 4 4 15 11 10 Cost (S) 7200 5300 4600 5000 1050 3300 6300 2580 3150

The durations and direct costs for each activity under both normal and crash conditions are given in the following table. Establish the schedule and the least cost for expediting the contract. Determine the optimum cost of the contract assuming the indirect cost is 125 $/day. 1 2 3 4 5 6 7 8 9 ID Predecessor(s) 1 1 2 2 3 3,5 6 4,7,8 Normal Duration (days) 12 8 15 23 5 5 20 13 12 Cost (S) 7000 5000 4000 5000 1000 3000 6000 2500 3000 Crash Duration (days) 10 6 12 23 4 4 15 11 10 Cost (S) 7200 5300 4600 5000 1050 3300 6300 2580 3150

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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The durations and direct costs for each activity under both normal and crash conditions are given in the following table. Establish
the schedule and the least cost for expediting the contract. Determine the optimum cost of the contract assuming the indirect cost
is 125 $/day.
1
2
3
4
5
6
7
8
9
ID
Predecessor(s)
1
1
2
2
3
3,5
6
4,7,8
Normal
Duration (days)
12
8
15
23
5
5
20
13
12
Cost ($)
7000
5000
4000
5000
1000
3000
6000
2500
3000
Crash
Duration (days)
10
6
12
23
4
4
15
11
10
Cost ($)
7200
5300
4600
5000
1050
3300
6300
2580
3150

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