(c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for each activity. Display the values in a table. (d) Determine the critical path for this project. (e) Determine the expected project completion time.

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
icon
Related questions
Question
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:
Activity
Normal Time (days)
Normal Cost
Crash Time (days)
Crash Cost
Predecessor(s)
A
4
$1000
$1300
B
1400
4
2000
5
2000
4
2700
D
6.
1200
5
1400
A
3
900
2
1100
F
11
2500
6
3750
4
800
3
1450
D, E
300
500
F, G
(c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for each
activity. Display the values in a table.
(d) Determine the critical path for this project.
(e) Determine the expected project completion time.
Transcribed Image Text: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: Activity Normal Time (days) Normal Cost Crash Time (days) Crash Cost Predecessor(s) A 4 $1000 $1300 B 1400 4 2000 5 2000 4 2700 D 6. 1200 5 1400 A 3 900 2 1100 F 11 2500 6 3750 4 800 3 1450 D, E 300 500 F, G (c) Compute the earliest start, earliest finish, latest start and latest finish time and the slack for each activity. Display the values in a table. (d) Determine the critical path for this project. (e) Determine the expected project completion time.
Expert Solution
steps

Step by step

Solved in 2 steps with 4 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Marketing
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing