Question
Consulting has a small accounting project and the details (activities, predecessors, duration, crash costs) are given in the table. Activity Immediate Predecessor Duration (Days) Crash
Consulting has a small accounting project and the details (activities, predecessors, duration, crash costs) are given in the table.
Activity | Immediate Predecessor | Duration (Days) | Crash Cost/day ($) |
A | B, C | 1 | 300 |
B | E | 1 | 100 |
C | F | 4 | 200 |
E | F | 2 | 100 |
F | - | 2 | 400 |
a) Develop a network for this project.
b) Determine the critical path and the project completion time.
c) Activities can be crashed down to zero days. Each day crashed is worth $250 for the firm. Which activities should the firm crash and what is the total crashing cost?
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Solution Based on the given data we prepare a network diagram as shown below The above project diagr...Get Instant Access to Expert-Tailored Solutions
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