The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to $150 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 14. MIT Normal Time (days) Crash Time (days) Crash Cost ($) Immediate Activity Normal Cost (S) Predecessor(s) A 4 900 3 1,000 В 1,000 3 2,200 C 4 500 3 1,000 А. В D 3 1,200 2 1,500 B E 4 1.500 4. 1,500 C. D F 1,300 1 1,400 E G 900 1 1,500 E 5 300 2 600 G a. What is the project's duration if only normal times are used? The project duration isO day(s). (Enter your response as an integer.)
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to $150 per day. The company will incur a $200 per day penalty for each day the project lasts beyond day 14. MIT Normal Time (days) Crash Time (days) Crash Cost ($) Immediate Activity Normal Cost (S) Predecessor(s) A 4 900 3 1,000 В 1,000 3 2,200 C 4 500 3 1,000 А. В D 3 1,200 2 1,500 B E 4 1.500 4. 1,500 C. D F 1,300 1 1,400 E G 900 1 1,500 E 5 300 2 600 G a. What is the project's duration if only normal times are used? The project duration isO day(s). (Enter your response as an integer.)
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...
Related questions
Question
a. What is the project's duration if only normal times are used?
b. What is the minimum-cost
With the minimum-cost schedule, the project duration is ____day(s).?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 1 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
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…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.