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What completion date would you recommend? Show

What completion date would you recommend? Show

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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You company has just received an order for SPEEDY 1 electric motor from a customer. The data on direct costs, activity duration, and precedence relationships are given below: Activity Normal Time (days) Normal Cost Crash Time (days) Crash Cost Predecessor(s) A 4 $1000 3 $1300 B 7 1400 2000 2000 4 2700 D 6. 1200 5. 1400 A 3 900 2 1100 B F 11 2500 3750 G 4 800 3 1450 D, E 3 300 500 F, G H f) Nonetheless, the contract states that starting on the thirteenth day from now, your firm will experience a penalty of $100 per day if the job is not completed. Indirect project costs amount to $200 per day. What completion date would you recommend? Show your computation.
Transcribed Image Text:You company has just received an order for SPEEDY 1 electric motor from a customer. The data on direct costs, activity duration, and precedence relationships are given below: Activity Normal Time (days) Normal Cost Crash Time (days) Crash Cost Predecessor(s) A 4 $1000 3 $1300 B 7 1400 2000 2000 4 2700 D 6. 1200 5. 1400 A 3 900 2 1100 B F 11 2500 3750 G 4 800 3 1450 D, E 3 300 500 F, G H f) Nonetheless, the contract states that starting on the thirteenth day from now, your firm will experience a penalty of $100 per day if the job is not completed. Indirect project costs amount to $200 per day. What completion date would you recommend? Show your computation.
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