Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.What is the critical path by forward and backward paths? (Do not leave space in your answers. For example, if your answer is A to

image text in transcribed

1.What is the critical path by forward and backward paths? (Do not leave space in your answers. For example, if your answer is A to C to E and to G, put down ACEG in the blank.)

2.The duration of the project is ____ days.

3.For the tasks that are not on the critical path, task ____ has the longest slack.

4.Following the previous question, the task with the longest slack has a slack of ____ days.

5.Find the cost-effective way to reduce the completion time by 3 days. For example, if your answer is to accelerate task A by 1 day, put down A by 1 in the blank. When you need to accelerate multiple tasks at the same time, please identify them in a single step. For example, if your answer is to accelerate B and C both by 1 day, put down BC by 1 in the blank.

6.Step 1: Accelerate task(s) ____ day(s)

7.Step 2: Accelerate task(s) ____ day(s

8.Step 3: Accelerate task(s) ____ day(s)

Consider the following information about a small project: Task Duration (days) Immediate Predecessors Shortest Time Possible Acceleration Cost per day 5 None 4 $6,500 B 10 9 $5,000 8 7 $7,000 D 6 B 3 $6,000 E 7 6 $6,000 F 3 C 2 $7,000 4 DEF Consider the following information about a small project: Task Duration (days) Immediate Predecessors Shortest Time Possible Acceleration Cost per day 5 None 4 $6,500 B 10 9 $5,000 8 7 $7,000 D 6 B 3 $6,000 E 7 6 $6,000 F 3 C 2 $7,000 4 DEF

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance A Contemporary Application Of Theory To Policy

Authors: David N. Hyman

6th Edition

0030213088, 9780030213083

More Books

Students also viewed these Finance questions

Question

1. Explain what is meant by ethical behavior.

Answered: 1 week ago