Question
Sankk Techno Corporation needs to perform the tasks in the following list. Activity Immediate Predecessors Optimistic Time Most Likely Time Pessimistic Time A B C
Sankk Techno Corporation needs to perform the tasks in the following list.
Activity | Immediate Predecessors | Optimistic Time | Most Likely Time | Pessimistic Time |
A B C D E F G H I J K L | - - - A B C A B C D,G E,H F,I | 2 4 2 3 6 4 1 2 3 2 4 3 | 3 6 5 4 7 7 5 5 5 2 4 3 | 4 8 8 5 8 10 9 8 7 2 4 3 |
Develop the associated PERT network diagram and determine the following:
- Critical paths (s), total project completion time and project variance.
- Probability that the project will be completed in16 weeks or less.
- Probability that the project will take more than 14 weeks to complete.
The company has determined that the client will pay it a $10,000 bonus if it completes the project in 14 weeks or less. The associated normal times and costs as well as the crash times and costs are shown below:
Activity | Normal Time | Crash Time | Normal Cost ($) | Crash Cost ($) |
A B C D E F G H I J K L | 3 6 5 4 7 7 5 5 5 2 4 3 | 2 4 2 3 6 4 1 2 3 2 4 3 | 600 1200 1200 1200 1200 1200 2400 1200 1800 300 300 300 | 1200 2400 2400 1800 1800 3000 4800 3000 2400 300 300 300 |
Considering the cost involved to crash the project, determine if the company could crash the project in 14 weeks to receive the bonus.
Step by Step Solution
3.33 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
critical path BEK 67417 Proje...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