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Given the information below, (a) draw an AOA diagram, and (b) draw a calendarized AOA diagram. (c) Suppose the project must be finished by day
Given the information below, (a) draw an AOA diagram, and (b) draw a calendarized AOA diagram. (c) Suppose the project must be finished by day 7. List 3 combinations of activities that could be crashed to finish by day 7, and their costs. (d) Which activities would you choose to crash, to minimize cost? (e) Now, suppose the project must be finished by day 6. Which activities would you choose to crash, to minimize cost? (f) Suppose now that the project is due on day 6; however, it can be delivered late, but there is a rising penalty for lateness: the penalty for being one day late is $100, two days late is $500, three days late is $1000, and any later than that would damage your firm's reputation beyond repair. What should you do (i.e., should you crash and if so what), to minimize cost to the firm, and how much would it cost? Activity Immediate Normal Crash Partial Normal Crash Predecessors Duration Duration Crashing Cost Cost Allowed? $300 $700 A Yes $100 $500 $200 $400 B,C $400 $550 1 No mamma B Yes Given the information below, (a) draw an AOA diagram, and (b) draw a calendarized AOA diagram. (c) Suppose the project must be finished by day 7. List 3 combinations of activities that could be crashed to finish by day 7, and their costs. (d) Which activities would you choose to crash, to minimize cost? (e) Now, suppose the project must be finished by day 6. Which activities would you choose to crash, to minimize cost? (f) Suppose now that the project is due on day 6; however, it can be delivered late, but there is a rising penalty for lateness: the penalty for being one day late is $100, two days late is $500, three days late is $1000, and any later than that would damage your firm's reputation beyond repair. What should you do (i.e., should you crash and if so what), to minimize cost to the firm, and how much would it cost? Activity Immediate Normal Crash Partial Normal Crash Predecessors Duration Duration Crashing Cost Cost Allowed? $300 $700 A Yes $100 $500 $200 $400 B,C $400 $550 1 No mamma B Yes
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