Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Math + Optimization Consider the following project with time measured in days and costs in thousand dollars. The minimum time can be achieved at maximum
Math + Optimization
Consider the following project with time measured in days and costs in thousand dollars. The minimum time can be achieved at maximum cost by obtaining additional resources. TI Normal Minimum Normal Maximum Activity Predecessors Time Time Cost Cost A None 14 12 15 17.5 B 14 11 55 64 B 8 5 50 75 NONE 12 9 40 50 E B,D 18 16 50 65 F CE 20 16 40 55 G 14 10 55 70 F G 21 19 25 65 10 8 25 32 J 20 10 50 120 9 6 25 40 L 15 10 10 40 L-IMO > WI-3x a) Using the normal times, formulate a linear program to determine a start time for each activity that would minimize the project's total duration. Constrain all start times to be unrestricted in sign except for the dummy START activity which should have a nonnegative start time. Solve the created model using excel solver b) Create the Activity-On-Nodes Network for this project. c) Using exhaustive enumeration and normal times determine all critical paths for this project. Consider the following project with time measured in days and costs in thousand dollars. The minimum time can be achieved at maximum cost by obtaining additional resources. TI Normal Minimum Normal Maximum Activity Predecessors Time Time Cost Cost A None 14 12 15 17.5 B 14 11 55 64 B 8 5 50 75 NONE 12 9 40 50 E B,D 18 16 50 65 F CE 20 16 40 55 G 14 10 55 70 F G 21 19 25 65 10 8 25 32 J 20 10 50 120 9 6 25 40 L 15 10 10 40 L-IMO > WI-3x a) Using the normal times, formulate a linear program to determine a start time for each activity that would minimize the project's total duration. Constrain all start times to be unrestricted in sign except for the dummy START activity which should have a nonnegative start time. Solve the created model using excel solver b) Create the Activity-On-Nodes Network for this project. c) Using exhaustive enumeration and normal times determine all critical paths for this projectStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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