i. Determine the length of the project. ii. What is the project length if all activities are crashed to their minimum? iii. Great Work's will lose $3500 in profit weekly for every week the project is not completed. How many weeks will the project take if they are willing to pay crashing cost as long as it is less than $3,500.00
i. Determine the length of the project. ii. What is the project length if all activities are crashed to their minimum? iii. Great Work's will lose $3500 in profit weekly for every week the project is not completed. How many weeks will the project take if they are willing to pay crashing cost as long as it is less than $3,500.00
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
Related questions
Question
Question 1B. Please help Thank you
Transcribed Image Text:B. Great Works Construction has tendered for another project.
Their preliminary evaluation has shown the following activities and
costing will be necessary for successful completion of this job.
Your analysis will help Great Works decide on whether or not this
project is profitable.
Activity Predecessor
A
B
C
D
E
F
A
A
B, C
C
D, E
Normal
Time (Wks)
9
8
15
5
10
2
Crash
Time (Wks)
6
5
10
3
6
1
Normal
Cost ($)
2,000
2,000
5,000
1,000
10,000
4,000
Crash
Cost ($)
11,000
12,500
25,000
5,000
20,000
9,000
i. Determine the length of the project.
ii. What is the project length if all activities are crashed to their
minimum?
iii. Great Work's will lose $3500 in profit weekly for every week
the project is not completed. How many weeks will the project
take if they are willing to pay crashing cost as long as it is less than
$3,500.00
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps
Recommended textbooks for you