Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
12th Edition
ISBN: 9780134741062
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter 7, Problem 15P

Table 7.8 contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation project. Indirect costs are $15,000 per week, and a penalty cost of $9,000 per week will be incurred by your company for every week the project is delayed beyond week 9.

  1. What is the shortest time duration for this project regardless of cost?
  2. What is the minimum total cost associated with completing the project in 9 weeks?
  3. What is the total time of the minimum-cost schedule?

Chapter 7, Problem 15P, Table 7.8 contains data for the installation of new equipment in a manufacturing process at Excello

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You are the project manager of the software installation project in Table. You would like to find the minimum- cost schedule for your project. There is a $1,000-per-week penalty for each week the project is delayed beyond week 25. In addition, your project team determined that indirect project costs are $2,500 per week. a. What would be your target completion week? b. How much would you save in total project costs with your schedule?
The table below contains data for the installation of new equipment in a manufacturing process for a steel corporation. Your company is responsible for the installation project. Indirect costs are $6,000 per week, and a penalty cost of $10,000 per week will be incurred by your company for every week the project is delayed beyond week 15. Activity Immediate Predecessor(s) Normal Time (weeks) Crash Time (weeks) Normal Cost ($) Crash Cost ($) A None 2 1 7,000 10,000 B None 2 2 3,000 3,000 C A 3 1 12,000 40,000 D B 3 2 12,000 28,000 E C 1 1 8,000 8,000 F  D, E 5 3 5,000 15,000 G E 3 2 9,000 18,000 H F, G 8 6 14,000 32,000 Construct a network diagram for the project. What are the project completion time and the total cost under normal conditions? What is the shortest time duration for this project regardless of cost? What is the resulting total cost? What is the…

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Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)

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