Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the information provided below (predecessors, normal time, normal cost, crash time and crash cost for an eight-activity (a to h) project) answer the questions

Given the information provided below (predecessors, normal time, normal cost, crash time and crash cost for an eight-activity (a to h) project) answer the questions (a) through (e) using this template.

Activity

Predecessor

Normal Time

Normal Cost

Crash Time

Crash Cost

Crash Cost/Day

a

-

5

$50

3

$150

b

-

4

40

2

200

c

b

7

70

6

160

d

a, c

2

20

1

50

e

a, c

3

30

-

-

f

b

8

80

5

290

g

d

5

50

4

100

h

e, f

6

60

3

180

(a). Create the network diagram in the application of your choice and then insert a screen shot of the diagram here. The diagram can be created easily in MS Word using the Insert Shapes function.

Enter your network diagram in this space provided (you should delete this text box and use as much space as necessary to display your network diagram).

Identify the critical path of the network, the time, and cost of the normal level of activity for the project:

The critical path is: __________________

The project duration: ___________

The project cost is: _____________

(b). Calculate the crash cost-per-day (all activities may be partially crashed). Enter your response to question 1(b) in the table provided below

Activity

Normal Time

Normal Cost

Crash Time

Crash Cost

Crash Cost/Day

a

b

c

d

e

f

g

h

(c). Find the optimal way of getting an 18-day delivery time. What is the projected cost? Once youve found the solution, explain the results of your calculations.

(d). Find the optimal way of getting a 16-day delivery time. What is the project cost? Explain your results.

(e). Calculate the shortest delivery time for the project. What is the cost? Explain your results.

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

Concise Pre Algebra Workbook

Authors: Josiah Coates

1st Edition

1724185152, 978-1724185150

More Books

Students also viewed these Mathematics questions