Three activities are candidates for crashing on a project network for a large computer installation (all are,of course, critical). Activity details are in the following table:NormalActivity Time (days)ABс7411CrashTime (days)629NormalCost$5,000$1,400$4,200Total CostwithCrashing Immediate Predecessor(s)$5,500$3,100$6,200A

In the context of project management, project crashing is a method for cutting the length of a…

Answered: Three activities are candidates for…

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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Normal Time Problem 1 You are the manager of a project to improve a billing process at your firm. The following table contains the data you will need to conduct crashing of the project duration. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after Week 12. Activity Immediate Predecessor(s) Crash Time (weeks) Normal (Direct) Cost Crash Cost (weeks) ($) ($) A 4 1 5,000 8,000 B 5 2 8,000 11,000 C A 1 1 4,000 4,000 Ꭰ B 6 3 6,000 12,000 E B, C 7 6 4,000 7,000 F Ꭰ 7 6 4,000 7,000 What is the optimum choice for project duration?
Development of Version 2.0 of a particular accounting 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 Crash Normal Activity Time (weeks) Time (weeks) Cost ABCDEFG 4 2 3 8 6 3 4 3 1 3 4 3 2 2 $2,100 $2,300 $600 $2,400 $800 $3,400 $1,400 Total Cost with Crashing Immediate Predecessor(s) $2,750 $2,900 $600 $2,680 $1,100 $4,600 $1,900 a) Based on the given information regarding the activities for the project, the project length b) The total cost required for completing this project on normal time = $ 13000. | | A B C D, E = 16 weeks. c) For reducing the duration of the project by one week, the activity that should be crashed first is activity D The cost of the project based on the first activity selected for crashing will increase by $ 70. d) The maximum weeks by which the project can be reduced by crashing = 7 weeks. Total cost of crashing the…
2:30 PM ě 0.3KB/s 1ll 54 4G+ 00:15:12 Remaining Multiple Choice The primary difference between PERT and CPM is that CPM uses probabilities on the activity times and PERT does not. O. PERT considers activity costs and CPM does not. PERT can assign probabilities to activity times and CPM does not. CPM considers activity costs and PERT does not. 5 of 20 II
Development of Version 2.0 of a particular accounting 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: Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 44 33 $ 2 comma 100$2,100 $ 2 comma 700$2,700 long dash— B 22 11 $ 2 comma 200$2,200 $ 2 comma 900$2,900 long dash— C 33 33 $ 500$500 $ 500$500 long dash— D 88 44 $ 2 comma 500$2,500 $ 2 comma 820$2,820 A E 66 33 $ 1 comma 000$1,000 $ 1 comma 300$1,300 B F 33 22 $ 3 comma 400$3,400 $ 4 comma 800$4,800 C G 44 22 $ 1 comma 500$1,500 $ 2 comma 000$2,000 D, E Part 2 a) Based on the given information…
Development of Version 2.0 of a particular accounting 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 D Total Cost with Normal Time Crash Time Normal Immediate Activity (weeks) (weeks) Cost Crashing Predecessor(s) A 4 3 $2,000 $2,650 B 2 1 $2,300 $3,100 TTTT C 3 3 $750 $750 D 8 4 $2,300 $2,580 A E 6 3 $1,000 $1,300 B F 3 2 $3,000 $4,400 C G 4 2 $1,600 $2,000 D, E a) Based on the given information regarding the activities for the project, the project length = weeks. b) The total cost required for completing this project on normal time = $ ▼ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ weeks. d) The maximum weeks by which the project can be reduced by crashing = Total cost of crashing the project to…
Activity Normal_time Crash_time Normal_cost Crash_cost Slack A 31 17 4800 6200 В 14 14 5500 5500 C 34 18 5100 6600 21 17 4500 6800 E 15 15 5300 5300 F 17 17 5300 5300 The table shows normal time, crash time, normal cost, crash cost and slack time of activities in a project. According to this table which activity must be crashed first? Assume there is only one critical path. (Only type the name of the activity, Example: A. @orsdemir. Copyrighted content. Cannot be posted.) 0ㅇ11 2 0
Consider the following activity description with associated cost data shown in Table 1. The cost data represents the total cost and should be considered linear with time. Table 1: Crash Cost Table Activity Immediate Predecessor Normal Duration (days) Normal Cost ($) Crash Duration (days) Crash Cost ($) A --- 5 50 3 150 B --- 4 40 2 200 C B 7 70 5 250 D A, C 2 20 1 50 E A, C 5 125 1 525 F B 10 80 7 290 G D 7 50 3 250 H E, F 6 60 3 180 Reduce the project duration to minimum duration and calculate the cost. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Environment Recycling, Inc. must clean up a large automobile tire dump under a state environmental cleanup contract. Suppose that some of the activities in the Environment Recycling, Inc. project can be crashed.The table below shows the crash times and costs associated with performing the activities at their original (normal) times and also for the crash times (all times are in weeks). Normal Crash Normal Crash Activity Predecessor(s) Time Time Cost Cost A — 6 5 $490 $640 B A 9 7 1,800 2,400 C A 8 7 860 1,060 D — 7 6 620 920 E B, C, D 9 7 1,900 2,300 F D 4 2 820 1,320 G D 4 3 620 870 H E 5 4 500 710 I F, G, H 7 5 950 1,550 Choose the correct network for the project. The correct network is C . Identify the critical path. The critical path is A-B-E-H-I. What is the total project completion time? Round your answer to the nearest whole number. ___ weeks What is the lowest cost solution if…
Three activities are candidates for crashing on a project network for a large computer installation (all are, of course, critical). Activity details are in the following table: Activity A B C Normal Time Crash Time Normal (days) (days) Cost 7 6 4 11 2 9 $5,000 $1,400 $4,000 Total Cost with Immediate Crashing Predecessor(s) $5,600 $3,300 $6,400 a) Activity that should be crashed first to reduce the project duration by 1 day is A b) Activity that should be crashed next to reduce the project duration by one additional day is A B A B C ect: 0
Three activities are candidates for crashing on a project network for a large computer installation (all are, of course, critical). Activity details are in the following table: Total Cost Normal Time Crash Time Normal with Immediate Activity (days) (days) Cost Crashing Predecessor(s) A 7 6 $4,500 $5,000 $1,400 $3,200 $6,800 B 4 A C 11 9 $4,600 В a) Activity that should be crashed first to reduce the project duration by 1 day is
You company has just received an order for SPEEDY 1 electric motor from a customer. The data on direct costs, activity duration, and precedence relationships are given below: Normal Time (days) Normal Cost Crash Time (days) Predecessor(s) Activity Crash Cost A 4 $1000 $1300 В 7 1400 4 2000 2000 2700 D 6. 1200 1400 A 900 2 1100 11 2500 6 3750 G 4 800 1450 D, E H 300 1 500 F, G (a) Construct the AON network for the project. (b) Determine all paths that run from the start to the end of the network.
Problem Statement: Project Control and Monitoring You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?

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