PrecedingActivityCrashed Cost perweek$600$700$400ActivityNormal CompletionTime (week)Crashed Completiontime (week)A75B1210A82$800$300$500EC, D54FE98D. F1010i.Draw the network diagram linking all the activities in a way that it shows if there exist anypreceding activity/activities before starting each of the mentioned activities in the abovetable,ii.Showing the earliest start time, the earliest finish time, the latest start time and the latestfinish time of each of the activities in the project determine the completion time of theproject and the critical path.ii.Find the slack time (delay time) of each of the activities, the critical and the non-criticalactivities.Find the minimum possible completion time of the project by considering the crashedcompletion times and the minimal total cost of that crashing the project.iv.Need proper handwritten answers. Thank you!

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Answered: i. Draw the network diagram linking all…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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n additional equipment (AE) costing$3,500,000 will be needed at the end of year 3. At the end of seven(7) years, the original equipment, IE, will have no resale value butthe supplementary equipment, AE, can be sold for $50,000. A workingcapital of $1,350,000 will be needed.The project is forecast to generate sales of agri-products over theseven years as follows:Year 1 70,000 unitsYear 2 100,000 unitsYears 3-5 250,000 unitsYears 6-7 325,000 unitsA sale price of $150 per unit for the first two years is expected andthen decline to $90 per unit thereafter as the newness of the productloses some sheen. The variable expenses will amount to 30% of salesrevenue. Fixed cash operating expenses will amount to $1,100,000 peryear.The company falls in the 25% tax category for ordinary income and 40%tax category for capital gain.The initial equipment is depreciated as per the 7-year MACRS systemand the additional equipment is depreciated on a straight-line basis.In the event of a negative taxable…
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