Question
The table below contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation
The table below contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation project. Indirect costs are $12,000 per week, and a penalty cost of $7,000 per week will be incurred by your company for every week the project is delayed beyond week 13.
Activity | Immediate Predecessor(s) | Normal Time (weeks) | Crash Time (weeks) | Normal Cost ($) | Crash Cost ($) |
A | 3 | 2 | 7,000 | 10,000 | |
B | 4 | 4 | 3,000 | 3,000 | |
C | A | 4 | 3 | 12,000 | 26,000 |
D | B | 2 | 1 | 12,000 | 27,000 |
E | C | 1 | 1 | 8,000 | 8,000 |
F | D, E | 6 | 4 | 5,000 | 19,000 |
G | E | 3 | 2 | 9,000 | 19,000 |
Part 2
a. What is the shortest time duration for this project regardless of cost?
The shortest project duration regardless of cost is 10 weeks. (Enter your response as a whole number.)
Part 3
b. What is the minimum total cost associated with completing the project in 13 weeks?
The minimum total cost to complete the project in 13 weeks is $___. (Enter your response as a whole number.)
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