Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Indirect cost for a project are $12,000.00 per week as long as the project lasts. The project manager has supplied the cost and time information shown. Use the information to:
A. Determine an optimum crashing plan.
B. Graph the total costs for the plan.
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- A project has three critical paths: A-B-C-D-E, A-G-H-E, and A-F-I-E. Crashing costs (in thousands, per week) for each activity is listed below: Activity Crashing Crashing Crashing 1st time 2nd time 3rd time 37 1 27 4. C 26 2 8 39 4. F 28 29 2 G 27 25 H. 8. 3 What is the total cost of reducing this project by two weeks? а. 44 b. 76 C. 48 d. 50 e. 34 2] 4, O'Oarrow_forwardDevelop a project network. Determine the expected project completion time. What is the probability that the project completion time will be completed? With in 2 weeks earlier than the expected project completion time? With in 1.5 week more than the expected project completion time ?arrow_forwardDiscuss the value of the business case, benefits management plan and the feasibility study to the project manager.arrow_forward
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