Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks

Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In order to meet this objective a number of activities must be crashed. Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 5 3 $1,000 $1,400 - B 6 5 $300 $450 - C 6 5 $550 $675 - D 3 2 $750 $850 A E 6 3 $1,200 $2,550 C F 5 3 $750 $1,350 B What is the duration of the project (in weeks)? Number What is the target duration of the project (after crashing the project)? Number By how many weeks should activity A be crashed? Number By how many weeks should activity B be crashed? Number By how many weeks should activity C be crashed? Number By how many weeks should activity D be crashed? Number By how many weeks should activity E be crashed? Number By how many weeks should activity F be crashed? Number What is the total cost of crashing the project 4 weeks (just the additional cost, not total project cost)? (Display your answer to two decimal places.) Number

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management And The Arts

Authors: William J. Byrnes

6th Edition

0367258900, 978-0367258900

More Books

Students also viewed these General Management questions

Question

Describe the new structures for the HRM function. page 724

Answered: 1 week ago