Consider the following data of a project.

Activity Normal Time

(Weeks)

Normal Cost

(Z)

Crash Time

(Weeks)

Crash Cost

(!)

1-2 7 600 4 840 1-3 11 200 9 First week: ! 70 Second week: Z 80 2-3 10 800 8 1000 2-4 6 500 4 760 2-5 16 100 9 380 3-4 6 200 4 360 3-5 9 500 4 960 4-5 8 300 5 500 If the indirect cost per week is 300, find the optimal crashed project completion time.

AppendixLO1