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The following table gives data on normal time and cost, and crash time and cost for a project. The indirect cost per day of the project is $10. a) Draw the network diagram for the project. b) Find the critical path. c) Determine the minimum total time of the project after crashing. What is the additional cost of the project when crashed to the minimum duration?

The following table gives data on normal time and cost, and crash time and cost for a project. The indirect cost per day of the project is $10. a) Draw the network diagram for the project. b) Find the critical path. c) Determine the minimum total time of the project after crashing. What is the additional cost of the project when crashed to the minimum duration?

Practical Management Science
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 following table gives data on normal time and cost, and crash time and cost for a project. The indirect cost per day of the project is $10. a) Draw the network diagram for the project. b) Find the critical path. c) Determine the minimum total time of the project after crashing. What is the additional cost of the project when crashed to the minimum duration?
Activity Duration (days) 1-2 1-3 2-4 2-5 3-4 4-6 5-6 6-7 6 4 5 3 6 8 4 3 Cost ($) 60 60 50 45 90 80 40 45 Crash Time (days) 4 2 3 1 4 4 2 2 Crash Cost ($) 100 200 150 65 200 300 100 80
Transcribed Image Text:Activity Duration (days) 1-2 1-3 2-4 2-5 3-4 4-6 5-6 6-7 6 4 5 3 6 8 4 3 Cost ($) 60 60 50 45 90 80 40 45 Crash Time (days) 4 2 3 1 4 4 2 2 Crash Cost ($) 100 200 150 65 200 300 100 80
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