Using the network above and the additional information below, find: (a) The crash cost per day (b)

Question:

Using the network above and the additional information below, find:

(a) The crash cost per day

(b) Which activities should be crashed to meet a project deadline of 13 days at minimum cost. Assume partial crashing isallowed.

Using the network above and the additional information below, fi

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Project Management A Managerial Approach

ISBN: 978-0470226216

7th Edition

Authors: Jack R. Meredith, Samuel J. Mantel,

See More Books

Question Posted: Jan 14, 2012 05:13 AM

See More Questions

I along with my team has recently completed a design thinking project on the topic 'Financial literacy among working professionals, I am now supposed to write a reflection paper post completion of...
Assume no crashing was done on the project. On day 9 of the project, the PM obtained a progress report including the data in the table below. Is the project in control based on time and cost to date?...
Using the data in the Option 1 Spreadsheet (linked at the bottom of the page), perform the accounting required for each of the following government fund transactions: 1. Government levied $2,000,000...
Use the graphs of f and g to solve Exercises 8390. y = g(x) HH y .y = f(x) # X
Acting as an outside consultant, what would you recommend that Pepe do? Given the data in the case, perform a financial analysis to evaluate the alternatives that you have identified. (Assume that...
From the following illustrations, determine if the probability is greater than 0.5, lower than 0.5, or cannot be sure. (a) (d) (b) (c) AAA (e) (f)
1 3 Explain the difference between profit and cash
Green Thumb operates a commercial plant nursery where it propagates plants for garden centers throughout the region. Green Thumb has $ 4,800,000 in as-sets. Its yearly fixed costs are $ 600,000, and...
As a practical matter, variances from standard are usually: A. closed to Manufacturing Overhead. B. closed directly to Income Summary. C. allocated to Work in Process Inventory, Finished Goods...
Scott Butterfield is self-employed as a CPA. He uses the cash method of accounting, and his Social Security number is 644-47-7833. His principal business code is 541211. Scott's CPA practice is...
Given the following network, determine the first activity to be crashed by the following priority rules: (a) Shortest task first (b) Minimum slack first (c) Most critical followers (d) Mostsuccessors...
Consider the following network for conducting a two week (10 working days) computer training class: (a) Construct a schedule showing: ESs for all activities LSs for all activities Slacks for all...
See the Winter Sports Inc. data from S8-2. Assume that Winter Sports' reputation has diminished and other resorts in the vicinity are charging only $65 per lift ticket. Winter Sports has become a...
At March 31, account balances after adjustments for Vizzini Cinema are as follows: Account Balances Accounts Cash Supplies Equipment (After Adjustment) $11,000 4,000 50,000 Accumulated...
2. "A student holds a thin aluminum pie pan horizontally 2 m above the ground and releases it. Using a motion detector, she obtains the graph shown in Figure P3.12. Based on her measurements, (a)...
Mark has two sticks, 25 inches, and 20 inches. If he places them end-to-end perpendicularly, what two acute angles would be formed when he added the hypotenuse?
A wedding website states that the average cost of a wedding is $29,205. One concerned bride hopes that the average is less than reported. To see if her hope is correct, she surveys 36 recently...
2. (10 pts each) Use partial fractions decomposition and the tables to find the inverse z- transform of each of the following: a. X(z)= 6z-z z3-4z2-z+4 4z2 b. G(z)=- (z-1) (z-0.5) 3z +1 c. X(z) =...
Do you agree with Interbrands assessment or do you have another opinion about why your brands equity is what it is?
Imagine that your best friend knows you are taking a psychology course and wonders what psychology is all about. How would you define psychology for your friend? Write an essay on the discipline of...
Mechanical subcontractors may offer balancing and commissioning as extra services to be included with their scopes. Why should project owners provide these services?
How is a companys portfolio similar to and different from a financial portfolio?
What is the best way for an organization to prioritize among selected projects? Does it vary among organizations?
Describe three different ways decision makers might select projects while considering both financial and non-financial factors.
September 1 . Purchased a new truck for $ 8 3 , 0 0 0 , paying cash. September 4 . Sold the truck purchased January 9 , Year 2 , for $ 5 3 , 6 0 0 . ( Record depreciation to date for Year 3 for the...
Find the NPV for the following project if the firm's WACC is 8%. Make sure to include the negative in your answer if you calculate a negative. it DOES matter for NPV answers
What is the value of a 10-year, $1,000 par value bond with a 12% annual coupon if its required return is 11%?

Using the network above and the additional information below, find: (a) The crash cost per day (b)

Question:

Crash Crashed Normal Time Cos Tim Normal Activity (days) (total) (days) Cost $300 250 400 150 $500 325 550 250 4

Step by Step Answer:

a Activity Crash Days Crash Crash Day A 1 20000 20000 B 2 7...View the full answer

Project Management A Managerial Approach

Students also viewed these Management Leadership questions