ABC is one of the construction company and they are experiencing a huge idle time and cost overrun due to number of reasons. In order to avoid such cost overrun and the idle time the management decided to expedite the project by 10 weeks. Based on the following information you are required to expedite the project with minimum cost. Activity Precedent Activity Normal Crash Normal Crash Time Time Cost Cost SK+4,000.00(*) SK+4,500.00 5,000.00 1,000.00 A SK/10(*) SK/12 B A 8 7 6,000.00 B 7 4 1,300.00 D B 10 3 500.00 1,900.00 E 4 SK SK+300.00 F CDE 10 9. 600.00 750.00 G F 10 8 900.00 1,300.00 (") if SK 1000: 1000/10=100 (*) if SK 1000: 1000+4000=5000

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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ABC is one of the construction company and they are experiencing a huge idle time and
cost overrun due to number of reasons. In order to avoid such cost overrun and the idle
time the management decided to expedite the project by 10 weeks. Based on the following
information you are required to expedite the project with minimum cost.
Activity Precedent
Activity
Normal
Crash
Normal
Crash
Time
Time
Cost
Cost
A
SK/10(*)
SK/12
SK+4,000.00(*)
SK+4,500.00
B
A
8
7
5,000.00
6,000.00
B
7
4
1,000.00
1,300.00
D
B
10
500.00
1,900.00
E
В
5
4
SK
SK+300.00
F
CDE
10
9.
600.00
750.00
G
F
10
8
900.00
1,300.00
() if SK =1000:
(*) if SK =1000:
1000/10=100
1000+4000=5000
Transcribed Image Text:ABC is one of the construction company and they are experiencing a huge idle time and cost overrun due to number of reasons. In order to avoid such cost overrun and the idle time the management decided to expedite the project by 10 weeks. Based on the following information you are required to expedite the project with minimum cost. Activity Precedent Activity Normal Crash Normal Crash Time Time Cost Cost A SK/10(*) SK/12 SK+4,000.00(*) SK+4,500.00 B A 8 7 5,000.00 6,000.00 B 7 4 1,000.00 1,300.00 D B 10 500.00 1,900.00 E В 5 4 SK SK+300.00 F CDE 10 9. 600.00 750.00 G F 10 8 900.00 1,300.00 () if SK =1000: (*) if SK =1000: 1000/10=100 1000+4000=5000
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