With the data attached: 1. Draw a project network. 2. What is the critical path3. What is the normal project cost?4. What would be the total cost of this project if need to crash it by 1 week? ActivityABCDEFGHIPredecessor(s)---AA--B,D,CDDEF,G,HNormal Time(Wks)587683346Crash Time (Wks)466562235Normal Cost$40016008006001200800500400900CCrash Cost$750220011001000220010006506001300IZOOM

Answered: With the data attached: 1. Draw a…

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...

See similar textbooks

Related questions

Question

With the data attached: 1. Draw a project network. 2. What is the critical path 3. What is the normal project cost? 4. What would be the total cost of this project if need to crash it by 1 week?

Activity
A
B
C
D
E
F
G
H
I
Predecessor(s)
---
A
A
--
B,D,C
D
D
E
F,G,H
Normal Time
(Wks)
5
8
7
6
8
3
3
4
6
Crash Time (Wks)
4
6
6
5
6
2
2
3
5
Normal Cost
$400
1600
800
600
1200
800
500
400
900
C
Crash Cost
$750
2200
1100
1000
2200
1000
650
600
1300
I
ZOOM

Expert Solution

Step 1

The critical path can be defined as the longest path in the project and should be completed for the project to be completed and Normal Duration and Cost mean the amount of absolute cost of the normal duration activities in the project changed by the year in accordance with the appropriate penalty or reward associated with the completion of the project.