Project Scheduling and ControlA6 – Schedule CrashingUNC CHARLOTTEYou pick up the phone and ring Big Mike on the intercom."Big Mike, I just got off the phone with Patty. We need to talk" you tell him."Who?" he asks."Patty. You know, from Patty's Precious Pets. We're paving her parking lot" you explain."Oh, Patty, yeah. How is she?" Big Mike asks."She is in a hurry. She wants us to shorten our project. She wants us done by the 22nd. She hassome petting zo0 planned for the grand opening and they can only be there on the 26th. She saysshe needs the 4 days to get ready. So, that ties us to the 22nd» you tell him."The 22nd?! That only give us...." Big Mike trails off."18 days. It gives us 18 days. She wants to know how much more it will cost. Let's chat" youtell him."I'll be in your office in 5 minutes. I'm almost done going through that leveling problem youworked out for me. That's good stuff. We should do more of that" Big Mike says and hangs up.Five minutes later Big Mike is sitting across the desk from you looking at the schedule networkyou just handed him."That's our schedule. What can we crash?" you ask."Crash? Oh, you mean what activities can we shorten?" Big Mike asks."Yeah. Which ones, how much, and at what cost?" you tell him.After about 30 minutes and several sheets of scrap paper, the two of you have sketched out theschedule crashing table attached."Ok, you talked with Patty and know what she wants. You take it from here. Just keep me in theloop. This is the last time I take a project just to help out a college buddy. I figured indirectcosts for that project were $500 per day and the liquidated damages are only $400 per day.We'll help her if we can, but we're going to do what is best for us" Big Mike explains.With the words "what is best for us" still in your head, you start to crash the schedule.AssignmentAnalyze the schedule and calculate the additional cost you will request from Patty to shorten thecontract time to 18 days. Prepare a memo to Big Mike that summarizes your results andrecommend to him the most economically advantageous strategy for the company to follow. Besure to attach your calculations to support your recommendation. 1:29 7CMET_4126_A06_Sch...Toop. This Is thne aist time T take a project just to neip our a couege buaay. Tngureu nuireercosts for that project were $500 per day and the liquidated damages are only $400 per day.We'll help her if we can, but we're going to do what is best for us" Big Mike explains.With the words "what is best for us" still in your head, you start to crash the schedule.AssignmentAnalyze the schedule and calculate the additional cost you will request from Patty to shorten thecontract time to 18 days. Prepare a memo to Big Mike that summarizes your results andrecommend to him the most economically advantageous strategy for the company to follow. Besure to attach your calculations to support your recommendation.NormalCrashActivityDurationCostDuration CostMove In3S 1,0003S 1,000GradingIS 2,0003S 5,000Procure Materials64,0004$ 5,600DemolitionCurbing$ 2,0003S 2,40032,0002,600Install Pipe2,500S 5,200Paving42,00022,700Haul off RubbleS 4,00054,400Seeding32,0003S 2,000Fencing43,000$ 6,000Move Out2S 5,0002S 5,000PavingGrading5Curbing3Seeding3Move In3ProcureMaterialsInstall Pipe5Fencing4Move Out2Demolition4Haul offRubble73DashboardCalendarTo DoNotificationsInbox因::

Question

Project Scheduling and ControlA6 – Schedule CrashingUNC CHARLOTTEYou pick up the phone and ring Big Mike on the intercom.&#34;Big Mike, I just got off the phone with Patty. We need to talk&#34; you tell him.&#34;Who?&#34; he asks.&#34;Patty. You know, from Patty's Precious Pets. We're paving her parking lot&#34; you explain.&#34;Oh, Patty, yeah. How is she?&#34; Big Mike asks.&#34;She is in a hurry. She wants us to shorten our project. She wants us done by the 22nd. She hassome petting zo0 planned for the grand opening and they can only be there on the 26th. She saysshe needs the 4 days to get ready. So, that ties us to the 22nd» you tell him.&#34;The 22nd?! That only give us....&#34; Big Mike trails off.&#34;18 days. It gives us 18 days. She wants to know how much more it will cost. Let's chat&#34; youtell him.&#34;I'll be in your office in 5 minutes. I'm almost done going through that leveling problem youworked out for me. That's good stuff. We should do more of that&#34; Big Mike says and hangs up.Five minutes later Big Mike is sitting across the desk from you looking at the schedule networkyou just handed him.&#34;That's our schedule. What can we crash?&#34; you ask.&#34;Crash? Oh, you mean what activities can we shorten?&#34; Big Mike asks.&#34;Yeah. Which ones, how much, and at what cost?&#34; you tell him.After about 30 minutes and several sheets of scrap paper, the two of you have sketched out theschedule crashing table attached.&#34;Ok, you talked with Patty and know what she wants. You take it from here. Just keep me in theloop. This is the last time I take a project just to help out a college buddy. I figured indirectcosts for that project were $500 per day and the liquidated damages are only $400 per day.We'll help her if we can, but we're going to do what is best for us&#34; Big Mike explains.With the words &#34;what is best for us&#34; still in your head, you start to crash the schedule.AssignmentAnalyze the schedule and calculate the additional cost you will request from Patty to shorten thecontract time to 18 days. Prepare a memo to Big Mike that summarizes your results andrecommend to him the most economically advantageous strategy for the company to follow. Besure to attach your calculations to support your recommendation. 1:29 7CMET_4126_A06_Sch...Toop. This Is thne aist time T take a project just to neip our a couege buaay. Tngureu nuireercosts for that project were $500 per day and the liquidated damages are only $400 per day.We'll help her if we can, but we're going to do what is best for us&#34; Big Mike explains.With the words &#34;what is best for us&#34; still in your head, you start to crash the schedule.AssignmentAnalyze the schedule and calculate the additional cost you will request from Patty to shorten thecontract time to 18 days. Prepare a memo to Big Mike that summarizes your results andrecommend to him the most economically advantageous strategy for the company to follow. Besure to attach your calculations to support your recommendation.NormalCrashActivityDurationCostDuration CostMove In3S 1,0003S 1,000GradingIS 2,0003S 5,000Procure Materials64,0004$ 5,600DemolitionCurbing$ 2,0003S 2,40032,0002,600Install Pipe2,500S 5,200Paving42,00022,700Haul off RubbleS 4,00054,400Seeding32,0003S 2,000Fencing43,000$ 6,000Move Out2S 5,0002S 5,000PavingGrading5Curbing3Seeding3Move In3ProcureMaterialsInstall Pipe5Fencing4Move Out2Demolition4Haul offRubble73DashboardCalendarTo DoNotificationsInbox因::

Accepted Answer

Determine the data and rename the activities as shown below for easy calculations: