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It is the end of the second week of July. Kristin Anderson, the manager of a road construction project, has noted in her contract with
It is the end of the second week of July. Kristin Anderson, the manager of a road construction project, has noted in her contract with the city of Ketchum, Idaho, that there will be a $15000 per week penalty for every week the project extends past its end-of-September due date. Additionally, the city has offered to pay a bonus of $20 000 if her crew can finish the project by the end of the third week of September. Ms. Anderson plans to start work at the beginning of the third week of July. The mayor wishes to avoid problems with snow, which often arrives early because of Ketchum's location at 5,853 feet (1,784 meters) above sea level. For the sake of simplicity, we assume exactly four weeks for every month. The project information is displayed below: Question: Show the sequence of crashing decisions you would make to compress this project most cost effectively. Calculate total cost for every duration. Keep in mind that the penalty is incurred for every week past the end of September and remember to consider the bonus. Allow partial crashing. Summarize your findings in a crash cost-duration history
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