Draw the network diagram for the project below.  What is the critical path and completion time for the project?                     Determine the least expensive project cost if the duration is to be 10% shorter than normal project duration

Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter13: Systems Development And Program Change Activities
Section: Chapter Questions
Problem 12P: COST-BENEFIT ANALYSIS Listed in the diagram for Problem 7 are some probability estimates of the...
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The following table contains a list of activities, with precedence requirements and crash costs. All start and finish times and crash costs are on a per-week basis.

Draw the network diagram for the project below. 

What is the critical path and completion time for the project?                    

Determine the least expensive project cost if the duration is to be 10% shorter than normal project duration. 

 

Activity

Normal Time

Crash Time

Normal Cost

Crash Cost

Predecessor

A

10

7

2,000

2,600

 

B

12

8

1,500

2,000

A

C

16

12

2,200

3,000

A

D

8

7

2,500

3,000

B

E

12

9

1,950

2,275

C

F

9

8

800

1,000

D

G

24

19

3,650

4,000

E, F

H

17

14

1,200

1,800

G

Describe the difference between a fixed-quantity and a fixed-period inventory system?

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