Kimpel Products makes pizza ovens for commercial use. James Kimpel, CEO, is contemplating producing smaller ovens for use in high school and college kitchens. The activities necessary to build an experimental model and related data are listed in the following table: Activity A ABCD Normal Time Crash Time Normal (weeks) Cost 3 2 3277 1 (weeks) 2 1 WIL 1 3 $1,400 $2,300 $300 $1.400 Total Cost with Immediate Crashing Predecessor(s) $2,000 $3,100 $300 $1 720
Kimpel Products makes pizza ovens for commercial use. James Kimpel, CEO, is contemplating producing smaller ovens for use in high school and college kitchens. The activities necessary to build an experimental model and related data are listed in the following table: Activity A ABCD Normal Time Crash Time Normal (weeks) Cost 3 2 3277 1 (weeks) 2 1 WIL 1 3 $1,400 $2,300 $300 $1.400 Total Cost with Immediate Crashing Predecessor(s) $2,000 $3,100 $300 $1 720
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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Step 1: State the given information in the question.
VIEWStep 2: a) Draw the network diagram and calculate project completion time
VIEWStep 3: b) Perform the crashing to reduce the project duration to 10 weeks at the least cost.
VIEWStep 4: c) Perform the crashing to reduce the project duration to 7 weeks from 10 weeks.
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