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Consider the project given below with the normal and crash costs (in thousands of PhP) and times (in weeks): Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash Cost A 2 200 250 B A 3 600 850 A 1 100 100 D B,C 2 650 900 450 500 E B 2 500 F E,D 3 620 G F 1 500 600 H E,D 4 2 600 900 1. Construct the AOA network for the project. 2. Determine the expected completion time of the project using both normal and crash times and the corresponding costs. Also include the critical path for each situation. 3. What is optimal cost of the project if the decision maker wants to finish it in 14 weeks? 351 43

Consider the project given below with the normal and crash costs (in thousands of PhP) and times (in weeks): Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash Cost A 2 200 250 B A 3 600 850 A 1 100 100 D B,C 2 650 900 450 500 E B 2 500 F E,D 3 620 G F 1 500 600 H E,D 4 2 600 900 1. Construct the AOA network for the project. 2. Determine the expected completion time of the project using both normal and crash times and the corresponding costs. Also include the critical path for each situation. 3. What is optimal cost of the project if the decision maker wants to finish it in 14 weeks? 351 43

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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Consider the project given below with the normal and crash costs (in thousands of PhP) and times (in weeks): Activity Immediate Predecessor Normal Time | Crash Time Normal Cost Crash Cost 3 A 200 250 В A 5 3 600 850 A 1 1 100 100 D B,C 4 2 650 900 E B 3 2 450 500 F E,D 3 500 620 500 600 900 F 2 1 H E,D 4 2 600 1. Construct the AOA network for the project. 2. Determine the expected completion time of the project using both normal and crash times and the corresponding costs. Also include the critical path for each situation. 3. What is optimal cost of the project if the decision maker wants to finish it in 14 weeks?
Transcribed Image Text:Consider the project given below with the normal and crash costs (in thousands of PhP) and times (in weeks): Activity Immediate Predecessor Normal Time | Crash Time Normal Cost Crash Cost 3 A 200 250 В A 5 3 600 850 A 1 1 100 100 D B,C 4 2 650 900 E B 3 2 450 500 F E,D 3 500 620 500 600 900 F 2 1 H E,D 4 2 600 1. Construct the AOA network for the project. 2. Determine the expected completion time of the project using both normal and crash times and the corresponding costs. Also include the critical path for each situation. 3. What is optimal cost of the project if the decision maker wants to finish it in 14 weeks?
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