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Create a labelled network diagram. b) What is the % increase of project costs if the project is to be crashed by the 4 days.

Create a labelled network diagram. b) What is the % increase of project costs if the project is to be crashed by the 4 days.

Practical Management Science
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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1) The construction of a house is based on the following CP network 

 

Activity Predecessor Normal time (days) Normal Cost (dollars) Crash time (days) Crash cost (dollars)
F __________ 4 100 2 150
G F 8 80 2 140
H G, F 2 40 1 60
I F 3 20 2 80
J G 5 80 3 140
K H, I 5 160 1 100
L J, K, I 6 120 2 240

 

a) Create a labelled network diagram.

b) What is the % increase of project costs if the project is to be crashed by the 4 days.

c) Crash the project by 4 days, showing the activities you would crash and it's associated cost to do so. 

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