For a project, an estimated normal time with an associated normal cost is given for each activity. Crash times, the minimum duration required to complete each activity, and their associated crash costs are also given. Draw the AON diagram. Determine the ES, EF, LS, LF times and critical path. Crash the project to 12 weeks by explaining each crashing step. Determine the total project cost after crashing. Time (weeks) Cost (in $) Feasible Immediate time reduction Crash Activity Normal Crash Normal Crash CP? Predecessors in weeks cost/week А 40000 40000 B 3 48000 56000 C В 4 2 80000 88000 D А, С 4 55000 56000 E В 9 7 90000 96000 F C 6 78000 84000 G D, F 2 1 25000 32000 H E, G 1 1 15000 15000 B.
For a project, an estimated normal time with an associated normal cost is given for each activity. Crash times, the minimum duration required to complete each activity, and their associated crash costs are also given. Draw the AON diagram. Determine the ES, EF, LS, LF times and critical path. Crash the project to 12 weeks by explaining each crashing step. Determine the total project cost after crashing. Time (weeks) Cost (in $) Feasible Immediate time reduction Crash Activity Normal Crash Normal Crash CP? Predecessors in weeks cost/week А 40000 40000 B 3 48000 56000 C В 4 2 80000 88000 D А, С 4 55000 56000 E В 9 7 90000 96000 F C 6 78000 84000 G D, F 2 1 25000 32000 H E, G 1 1 15000 15000 B.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:For a project, an estimated normal time with an associated normal cost is given for each activity. Crash
times, the minimum duration required to complete each activity, and their associated crash costs are also
given. Draw the AON diagram. Determine the ES, EF, LS, LF times and critical path.
Crash the project to 12 weeks by explaining each crashing step. Determine the total project cost after
crashing.
Time (weeks)
Cost (in $)
Feasible
Immediate
time reduction
Crash
Activity
Normal
Crash
Normal
Crash
СР?
Predecessors
in weeks
cost/week
A
2
2
40000
40000
2
48000
56000
В
4
2
80000
88000
D
A, C
4
55000
56000
E
В
9.
7
90000
96000
F
C
6.
78000
84000
G
D, F
1
25000
32000
H
Е, G
1
1
15000
15000
B.
B.
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