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Normal Duration (weeks) 3 - 9 d. Suppose that due to market competition, NYC Real Estate would like to complete its ren- ovation project
Normal Duration (weeks) 3 - 9 d. Suppose that due to market competition, NYC Real Estate would like to complete its ren- ovation project within the next 12 weeks. For each week beyond the 12 weeks deadline, it faces a $700 penalty. The following table details NYC Real Estate's project crashing options. Activity A B Immediate Predecessors Crash Duration (weeks) Normal Crash Crash Cost Cost Cost per Week 2 $1,300 $1,800 $500 6 $800 $2,150 $450 C A 7 2 $2,000 $3,500 $300 A 1 $1,600 $1,600 E 2 1 $1,500 $1,750 $250 F B,C,E G 5 5 Using the greedy method learned in class, crash NYC Real Estate's renovation project for as many weeks as it is profitable to do so. For each week of crashing, identify the activities to be crashed, the cost of crashing, and the resulting critical path(s) after performing the crashing. If it becomes no longer profitable to crash the project, then clearly explain why. 4 $1,000 $1,500 $500 4 $2,200 $2,800 $600
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