Question: The Laurenster Corporation has determined the client will pay them a $ 10,000 bonus if they complete the project in Problem 11-33 in 14 weeks

The Laurenster Corporation has determined the client will pay them a $ 10,000 bonus if they complete the project in Problem 11-33 in 14 weeks or less.
In Problem 11-33, The Laurenster Corporation needs to perform the following tasks in weeks.

The Laurenster Corporation has determined the client will pay them

The associated normal times and costs as well as the crash times and costs are shown below.

The Laurenster Corporation has determined the client will pay them

Considering the costs involved to crash the project, determine if the Laurenster Corporation should crash the project to 14 weeks to receive thebonus.

MOST IMMEDIATE OPTIMISTIC LIKELY PESSIMISTIC ACTIVITY PREDECESSORS TIME TIME TIME 10 D, G E H EI CRASH NORMAL CRASH NORMAL COST ACTIVITY TIME TIME COST (S) 600 1,200 1.200 1200 1.200 1.200 3,000 2.400 1.200 3,000 1,800 1,200 2,400 1,800 1,800 4 4,800 2,400 300

Step by Step Solution

3.30 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To get to 14 weeks and the bonus the Laurenster Corporation would first have to crash the crit... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

303-M-S-P-M (44).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!