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A group of developers is building a new shopping center. A consultant for the developers has developed the following table of activities, durations and predecessors. Determine the earliest start times and finish times, latest start and finish times, activity slack, critical path and duration for the project. There is a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is $50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500 per week, and what is the total cost of crashing? And, Net Bonus, if any.

A group of developers is building a new shopping center. A consultant for the developers has developed the following table of activities, durations and predecessors. Determine the earliest start times and finish times, latest start and finish times, activity slack, critical path and duration for the project. There is a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is $50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500 per week, and what is the total cost of crashing? And, Net Bonus, if any.

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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A group of developers is building a new shopping center. A consultant for the developers has developed
the following table of activities, durations and predecessors. Determine the earliest start times and
finish times, latest start and finish times, activity slack, critical path and duration for the project. There
is a Bonus for finishing the project at 90% of the projected date. The bonus for early completion is
$50,000. Which activities should be crashed, if the cost for 1 week reduction, for any activity, is $3500
per week, and what is the total cost of crashing? And, Net Bonus, if any.

Activity Description A B C D E F G H I J K L M N O P Q R X Award Kick-off Contract for Crew/Mach Purchase Material Excavation Build Foundation Electrical - Outside Paving Lighting - Exterior Electrical - Inside Bldg Construction Sewage System Parking Lots Final Wiring Plumbing Interior - Finish HVAC Landscape & Paint Furnish Completion - Keys Duration 1 8 12 3 9 3 2 12 7 30 21 20 5 16 17 5 6 3 1 сл Predecessor Crash Costs Week Reduction -- A A A B, C, D D D E, F, G E, F E, F, G E, F, G H I, J K H, M, N M, N L O, P Q, R 800 2500 5000 3000 4000 6000 4500 7500 6600 1200 4000 2000 2400 800 260 2 5 1 3 2 3 6 5 3 1 1 A 2 1 1
Transcribed Image Text:Activity Description A B C D E F G H I J K L M N O P Q R X Award Kick-off Contract for Crew/Mach Purchase Material Excavation Build Foundation Electrical - Outside Paving Lighting - Exterior Electrical - Inside Bldg Construction Sewage System Parking Lots Final Wiring Plumbing Interior - Finish HVAC Landscape & Paint Furnish Completion - Keys Duration 1 8 12 3 9 3 2 12 7 30 21 20 5 16 17 5 6 3 1 сл Predecessor Crash Costs Week Reduction -- A A A B, C, D D D E, F, G E, F E, F, G E, F, G H I, J K H, M, N M, N L O, P Q, R 800 2500 5000 3000 4000 6000 4500 7500 6600 1200 4000 2000 2400 800 260 2 5 1 3 2 3 6 5 3 1 1 A 2 1 1
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