You are the manager of a project to improve a billing process at your firm. The table below contains the data you will need to conduct a cost analysis of the project. Indirect costs are $1,200 per week, and penalty costs are $1,400 per week after week 12. Activity Immediate Predecessor(s) Normal Time (weeks) A 4 B C D E F A B B, C D a. What is the minimum-cost schedule for this project? 4 The minimum-cost schedule is weeks. (Enter your response as an integer.) 5 5 1 6 7 7 Crash Time (weeks) 1 3 1 3 6 6 Normal Cost ($) 5,500 7,500 4,000 5,500 4,500 3,500 Crash Cost ($) 8,000 10,000 4,000 12,500 6,500 7,000
You are the manager of a project to improve a billing process at your firm. The table below contains the data you will need to conduct a cost analysis of the project. Indirect costs are $1,200 per week, and penalty costs are $1,400 per week after week 12. Activity Immediate Predecessor(s) Normal Time (weeks) A 4 B C D E F A B B, C D a. What is the minimum-cost schedule for this project? 4 The minimum-cost schedule is weeks. (Enter your response as an integer.) 5 5 1 6 7 7 Crash Time (weeks) 1 3 1 3 6 6 Normal Cost ($) 5,500 7,500 4,000 5,500 4,500 3,500 Crash Cost ($) 8,000 10,000 4,000 12,500 6,500 7,000
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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![Problem 1
You are the manager of a project to improve a billing process at your firm. The table below contains the data you will need to conduct a cost analysis of the project. Indirect costs are $1,200 per week, and
penalty costs are $1,400 per week after week 12.
Activity Immediate Predecessor(s) Normal Time (weeks)
A
000 U -
E
F
|
B, C
2
B a. What is the minimum-cost schedule for this project?
4
The minimum-cost schedule is weeks. (Enter your response as an integer.)
5
6
167751
Crash
Time (weeks)
13661
Normal
Cost ($)
5,500
7,500
4,000
5,500
4,500
3,500
Crash
Cost ($)
8,000
10,000
4,000
12,500
6,500
7,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0ea4167e-6806-4f60-909a-d26cb15962eb%2F5ab6e865-deb9-4ebf-975e-ffae4cc4032a%2F7ak53z_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 1
You are the manager of a project to improve a billing process at your firm. The table below contains the data you will need to conduct a cost analysis of the project. Indirect costs are $1,200 per week, and
penalty costs are $1,400 per week after week 12.
Activity Immediate Predecessor(s) Normal Time (weeks)
A
000 U -
E
F
|
B, C
2
B a. What is the minimum-cost schedule for this project?
4
The minimum-cost schedule is weeks. (Enter your response as an integer.)
5
6
167751
Crash
Time (weeks)
13661
Normal
Cost ($)
5,500
7,500
4,000
5,500
4,500
3,500
Crash
Cost ($)
8,000
10,000
4,000
12,500
6,500
7,000
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