2. The company just informed you that a competitor may have been working on a similar product. They have asked you to crash the project. The associated indirect costs based on the projects duration are: $11,000 for 12 weeks, $8,000 for 11 weeks, $4,500 for 10 weeks, $4,000 for 9 weeks, and $3,500 for 8 weeks. The following table summarizes the cost of crashing your project by activity. a) Use the least cost method and reduce the schedule until you reach the crash point of the network. For each move, identify what activity(s) was(were) crashed, the adjusted total cost, and explain your choices. b) What is the optimum cost-time schedule for the project? What is the cost? c) c) Draw the Cost-Duration Graph in graphing grid below or in MS Excel.

1. The company just informed you that a competitor may have been working on a similar product. They have asked you to crash the project. The associated indirect costs based on the projects duration are: $11,000 for 12 weeks, $8,000 for 11 weeks, $4,500 for 10 weeks, $4,000 for 9 weeks, and $3,500 for 8 weeks. The following table summarizes the cost of crashing your project by activity.
   1. Use the least cost method and reduce the schedule until you reach the crash point of the network. For each move, identify what activity(s) was(were) crashed, the adjusted total cost, and explain your choices.
   2. What is the optimum cost-time schedule for the project? What is the cost?
   3. c) Draw the Cost-Duration Graph in graphing grid below or in MS Excel.

			Normal
ID	Crash Cost	Max. crash time	Time	Cost
A	0	0	2	4,000
B	0	0	1	1,500
C	2,000	1	3	6,000
D	0	0	1	3,000
E	2,500	1	2	8,000
F	5,000	1	3	12,000
G	3,000	1	2	5,000
H	4,000	1	2	1,500
Total	41,000