=11-34 The Laurenster Corporation has determined the client will pay them a $10,000 bonus if they complete
Question:
=11-34 The Laurenster Corporation has determined the client will pay them a $10,000 bonus if they complete the project in Problem 11-33 in 14 weeks or less.
The associated normal times and costs as well as the crash times and costs are shown below.
Activity Normal Time Crash Time Normal Cost ($)
Crash Cost
($)
A 3 2 600 1,200 B 6 4 1,200 2,400 C 5 2 1,200 2,400 D 4 3 1,200 1,800 Activity Normal Time Crash Time Normal Cost ($)
Crash Cost
($)
E 7 6 1,200 1,800 F 7 4 1,200 3,000 G 5 1 2,400 4,800 H 5 2 1,200 3,000 I 5 3 1,800 2,400 J 2 2 300 300 K 4 4 300 300 L 3 3 300 300 Considering the costs involved to crash the project, determine if the Laurenster Corporation should crash the project to 14 weeks to receive the bonus.
Step by Step Answer:
Quantitative Analysis For Management
ISBN: 9789332578692
12th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna