Question: Given the following information about a project: It is further given that the normal cost of doing all activities of the project in normal time

Given the following information about a project:

Activity Nodes Normal Time Shortest Time Cost of Reduction (Days) (Days) per

It is further given that the normal cost of doing all activities of the project in normal time is Rs 18,400 and the overhead cost is Rs 500 per day. Further, a penalty of Rs 2,000 per day in excess of 21 days would be levied. You are required to calculate:

(a) The normal duration of the project and the associated cost.

(b) The minimum duration of the project and the associated cost.
(

c) The minimum cost at which the project can be done and the time corresponding to it.

Activity Nodes Normal Time Shortest Time Cost of Reduction (Days) (Days) per Day ABCDEFGH 1-2 8 6 200 1-3 5 4 600 1-4 9 6 100 2-3 3. 3 - 2-5 6 4 250 3-7 9 7 800 4-6 12 5-7 I 6-8 7-8 5 3 2 0023- 8 400 700 - 1 300

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