You have signed a contract to build a garage for the Lloyds. You will receive a $200 bonus per day you saved if the project takes less than 28 days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 28 days. What is the expected project duration? ID Predecessor Duration A _ 5 B A 3 C B 8 D B 7 E C 5 F C 8 G D 7 H E, F, G 2 I H 1
You have signed a contract to build a garage for the Lloyds. You will receive a $200 bonus per day you saved if the project takes less than 28 days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 28 days. What is the expected project duration? ID Predecessor Duration A _ 5 B A 3 C B 8 D B 7 E C 5 F C 8 G D 7 H E, F, G 2 I H 1
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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Question
You have signed a contract to build a garage for the Lloyds.
You will receive a $200 bonus per day you saved if the project takes less than 28 days.
The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 28 days.
What is the expected project duration?
| ID | Predecessor | Duration |
|---|---|---|
| A | _ | 5 |
| B | A | 3 |
| C | B | 8 |
| D | B | 7 |
| E | C | 5 |
| F | C | 8 |
| G | D | 7 |
| H | E, F, G | 2 |
| I | H | 1 |
Transcribed Image Text:E
5
A
В
F
H
3
8
2
G
7
7
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