NORMAL CRASH TIME NORMAL CRASH COST TIME IMMEDIATE ACTIVITY (WEEKS) (WEEKS) COST PREDECESSOR(S) A 4 3 $2,000 $2,600 В 2 1 2,200 2,800 C 3 3 500 500 8 4 2,300 2,600 A 6 3 900 1,200 F 3 2 3,000 4,200 G 4 2 1,400 2,000 D, E a) What is the project completion date? b) What is the total cost required for completing this project on normal time? c) If you wish to reduce the time required to complete this project by 1 week, which activity should be crashed, and how much will this increase the total cost? d) What is the maximum time that can be crashed? How much Would costs increase? Px E.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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••• 3.31 Development of Version 2.0 of a particular account-
ing software product is being considered by Jose Noguera's
technology firm in Baton Rouge. The activities necessary for the
completion of this project are listed in the following table:
Transcribed Image Text:••• 3.31 Development of Version 2.0 of a particular account- ing software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table:
NORMAL
TIME
ACTIVITY (WEEKS) (WEEKS)
CRASH
TIME
NORMAL CRASH
COST
IMMEDIATE
COST
PREDECESSOR(S)
A
4
3
$2,000
$2,600
В
2
1
2,200
2,800
C
3
500
500
8
4
2,300
2,600
A
E
6
3
900
1,200
В
F
3
2
3,000
4,200
C
G
4
2
1,400
2,000
D, E
a) What is the project completion date?
b) What is the total cost required for completing this project on
normal time?
c) If you wish to reduce the time required to complete this project
by 1 week, which activity should be crashed, and how much
will this increase the total cost?
d) What is the maximum time that can be crashed? How much
would costs increase? PX
3.
Transcribed Image Text:NORMAL TIME ACTIVITY (WEEKS) (WEEKS) CRASH TIME NORMAL CRASH COST IMMEDIATE COST PREDECESSOR(S) A 4 3 $2,000 $2,600 В 2 1 2,200 2,800 C 3 500 500 8 4 2,300 2,600 A E 6 3 900 1,200 В F 3 2 3,000 4,200 C G 4 2 1,400 2,000 D, E a) What is the project completion date? b) What is the total cost required for completing this project on normal time? c) If you wish to reduce the time required to complete this project by 1 week, which activity should be crashed, and how much will this increase the total cost? d) What is the maximum time that can be crashed? How much would costs increase? PX 3.
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