NORMAL CRASH TIME NORMAL CRASH COST TIME IMMEDIATE ACTIVITY (WEEKS) (WEEKS) COST PREDECESSOR(S) A 4 3 $2,000 $2,600 В 2 1 2,200 2,800 C 3 3 500 500 8 4 2,300 2,600 A 6 3 900 1,200 F 3 2 3,000 4,200 G 4 2 1,400 2,000 D, E a) What is the project completion date? b) What is the total cost required for completing this project on normal time? c) If you wish to reduce the time required to complete this project by 1 week, which activity should be crashed, and how much will this increase the total cost? d) What is the maximum time that can be crashed? How much Would costs increase? Px E.

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...
icon
Related questions
icon
Concept explainers
Topic Video
Question
••• 3.31 Development of Version 2.0 of a particular account-
ing software product is being considered by Jose Noguera's
technology firm in Baton Rouge. The activities necessary for the
completion of this project are listed in the following table:
Transcribed Image Text:••• 3.31 Development of Version 2.0 of a particular account- ing software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table:
NORMAL
TIME
ACTIVITY (WEEKS) (WEEKS)
CRASH
TIME
NORMAL CRASH
COST
IMMEDIATE
COST
PREDECESSOR(S)
A
4
3
$2,000
$2,600
В
2
1
2,200
2,800
C
3
500
500
8
4
2,300
2,600
A
E
6
3
900
1,200
В
F
3
2
3,000
4,200
C
G
4
2
1,400
2,000
D, E
a) What is the project completion date?
b) What is the total cost required for completing this project on
normal time?
c) If you wish to reduce the time required to complete this project
by 1 week, which activity should be crashed, and how much
will this increase the total cost?
d) What is the maximum time that can be crashed? How much
would costs increase? PX
3.
Transcribed Image Text:NORMAL TIME ACTIVITY (WEEKS) (WEEKS) CRASH TIME NORMAL CRASH COST IMMEDIATE COST PREDECESSOR(S) A 4 3 $2,000 $2,600 В 2 1 2,200 2,800 C 3 500 500 8 4 2,300 2,600 A E 6 3 900 1,200 В F 3 2 3,000 4,200 C G 4 2 1,400 2,000 D, E a) What is the project completion date? b) What is the total cost required for completing this project on normal time? c) If you wish to reduce the time required to complete this project by 1 week, which activity should be crashed, and how much will this increase the total cost? d) What is the maximum time that can be crashed? How much would costs increase? PX 3.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Inventory management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.