Answered step by step
Verified Expert Solution
Question
1 Approved Answer
its per week TIME-COST TRADEOFF EXERCISE N=4, $40,000 C = 2. $60,000 N=6, $50,000 C=5, $52,000 Start Finish N=6, $30,000 C = 5, $35,000 N=6,
its per week
TIME-COST TRADEOFF EXERCISE N=4, $40,000 C = 2. $60,000 N=6, $50,000 C=5, $52,000 Start Finish N=6, $30,000 C = 5, $35,000 N=6, $60,000 C = 5, $70,000 # Times shown in weeks Based on the figure shown above, answer the following questions: a. What is the total cost and duration of the project if all activities are performed in their normal time? (1 pt) b. What is the per-week crash cost for: (4pts) (1) Activity A? (2) Activity B? (3) Activity C? (4) Activity D? c. What is the shortest possible project completion time? (1 pt) d. What is the lowest possible cost to achieve the time given in answer c? Provide the new total cost and the cost and durations used for each activity to achieve this cost & schedule 4pts Activity A: New cost: New duration: Activity B: New cost: New duration: Activity C: New cost: New duration: Activity D: New cost: New duration: New total cost Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started