You are the manager of a project to improve a billing process at your firm. Table 7.7 contains the data you will need to conduct a cost analysis of the project.
You are the manager of a project to improve a billing process at your firm. Table 7.7 contains the data you will need to conduct a cost analysis of the project. Indirect costs are $1,600 per week, and penalty costs are $1,200 per week after week 12.
a. What is the minimum-cost schedule for this project?
b. What is the difference in total project costs between the earliest completion time of the project using "normal"times and the minimum-cost schedule you derived in part (a)?
Homework Answers
Request Answer!
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
You are the manager of a project to improve a billing process at your firm. Table 7.7 contains the data you will need to conduct a cost analysis of the project.
You are the manager of a project to improve a billing process at your firm. The...
You are the manager of a project to improve a billing process at your firm. The table below contains the data you will need to conduct a cost analysis of the project Indirect costs are $1,600 per week, and penalty costs are $600 per week after week 12 Immediate Normal Cost Crash Cost Predecessor(s) Normal Time (weeks) Crash Time (weeks) ($) ($) Activity A 4 5,500 7,500 В 5 3 8,000 9,500 A 1 1 3,500 3,500 В 6 3...
Software Installation: You are the project manager of the software installation project (see figure & table)...
Software Installation: You are the project manager of the software installation project (see figure & table) below. You would like to find the minimum-cost schedule for your project. There is a $1,000-per-week penalty for each week the project is delayed beyond week 25. In addition, your project team determined that indirect project costs are $2,500 per week. Oo un D FINISH START START I Normal Normal Crash Crash Max reduction $ per Week Activity Time Cost Time Cost AI 5...
The table below contains data for the installation of new equipment in a manufacturing process at...
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 $10,000 per week, and a penaity cost of $9,000 per week will be incurred by your company for every week the project is delayed beyond week12. Normal Time Crash Time Normal Cost Crash Cost Activity Immediate Predecessor(s) (weoks) (weeks)(5) long dash- long dash- 7,000 3,000 14,000 3,000 12,00040,000 12,000 22,000 8,000...
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the pr...
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to S150 per day. The company will incur a $100 per day penalty for each day the project lasts beyond day 15. Normal Time Crash Time Crash Cost Immediate Normal Cost ($) Activity (S) (days) (days) Predecessor(s) 6 800 1,200 A 4 6 1,000 2,200 C 600 1...
Table 2 contains information about an environmental cleanup project in the township of Hiles. Shorten the...
Table 2 contains information about an environmental cleanup project in the township of Hiles. Shorten the project 3 weeks by finding the minimum-cost schedule. Assume that project indirect costs and penalty costs are negligible. Identify activities to crash while minimizing the additional crash costs. What is the project’s duration if only normal times are used? What is the minimum-cost schedule? What is the critical path for the minimum-cost schedule? TABLE 2 Activity Normal Time (wks) Crash Time (wks) Cost to...
Also solve for the minimum total cost associated with finishing the project in 13 weeks and...
Also solve for the minimum total cost
associated with finishing the project in 13 weeks and the total
project's duration (and of each activity according to the minimum
cost schedule)
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 $10,000 per week, and a penalty cost of $8,000 per week will be incurred by your company for every week the...
Table of Crashing DecisionACTIVITYIMMEDIATE PREDECESSOR(S)NORMALCRASHNORMALCRASHA...323,000...
Table of Crashing DecisionACTIVITYIMMEDIATE PREDECESSOR(S)NORMALCRASHNORMALCRASHA...323,0003,300B...648,0009,000CA114,0004,000 DA543,5004,000EB434,7505,500FC222,0002,000 GD114,0004,000HD,F323,5003,750IE,G323,0004,250JE215,0007,000Since no indirect cost nor penalty cost information is offered, please consider the schedule and crash cost issues only.1. Using Table of Crashing Decision, what is the earliest completion time of this project if normal times are used for all activities?A. fewer than 13 weeks; B. 13 weeks; C. 14 weeks; D. more than 14 weeks2. Using Table of Crashing Decision, what is the minimum time schedule for this project?A. fewer than 8 weeks; B. 8...
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the pr...
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given $150 per day. The company will incur a $100 per day penalty for each day the project lasts beyond day 15. the following table. Indirect project costs amount to Normal Time Crash Time Crash Cost Immediate Normal Cost (S) Activity Predecessor(s) (S) (days) (days) 1.200 A 6 800 4 6 1,000 2 2,200 600 900 C...
Help Please
Table of Crashing DecisionSince no indirect cost nor penaly cost information is offered, please consider the schedule and crash cost issues only,Using Table of Crashing Decision, what is the minimum time schedule for this project?fewer than 8 weeks8 weeks9 weeksmore than 9 weeksSince no indirect cost nor penaly cost information is offered, please consider the schedule and crash cost issues only,Using Table of Crashing Decision, what is the difference, in dollars, between the minimum-time schedule and the schedule created by...
QUESTION 9 Consider the following project; for which activities is it possible that the slack can...
QUESTION 9 Consider the following project; for which activities is it possible that the slack can be greater than zero? Activity Immediate Predecessors B, E a. Only activities B or E could have slack, but they could not both have slack. Ob. Only activities B or C could have slack, but they could not both have slack. Oc. It is possible for any or all activities in this project to have slack. Od. It is possible for either all three...
You are the manager of a project to improve a billing process at your firm. The table below contains the data you will need to conduct a cost analysis of the project Indirect costs are $1,600 per week, and penalty costs are $600 per week after week 12 Immediate Normal Cost Crash Cost Predecessor(s) Normal Time (weeks) Crash Time (weeks) ($) ($) Activity A 4 5,500 7,500 В 5 3 8,000 9,500 A 1 1 3,500 3,500 В 6 3...
Software Installation: You are the project manager of the software installation project (see figure & table) below. You would like to find the minimum-cost schedule for your project. There is a $1,000-per-week penalty for each week the project is delayed beyond week 25. In addition, your project team determined that indirect project costs are $2,500 per week. Oo un D FINISH START START I Normal Normal Crash Crash Max reduction $ per Week Activity Time Cost Time Cost AI 5...
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 $10,000 per week, and a penaity cost of $9,000 per week will be incurred by your company for every week the project is delayed beyond week12. Normal Time Crash Time Normal Cost Crash Cost Activity Immediate Predecessor(s) (weoks) (weeks)(5) long dash- long dash- 7,000 3,000 14,000 3,000 12,00040,000 12,000 22,000 8,000...
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given in the following table. Indirect project costs amount to S150 per day. The company will incur a $100 per day penalty for each day the project lasts beyond day 15. Normal Time Crash Time Crash Cost Immediate Normal Cost ($) Activity (S) (days) (days) Predecessor(s) 6 800 1,200 A 4 6 1,000 2,200 C 600 1...
Also solve for the minimum total cost
associated with finishing the project in 13 weeks and the total
project's duration (and of each activity according to the minimum
cost schedule)
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 $10,000 per week, and a penalty cost of $8,000 per week will be incurred by your company for every week the...
The Advanced Tech Company has a project to design an integrated information data base for a major bank. Data for the project are given $150 per day. The company will incur a $100 per day penalty for each day the project lasts beyond day 15. the following table. Indirect project costs amount to Normal Time Crash Time Crash Cost Immediate Normal Cost (S) Activity Predecessor(s) (S) (days) (days) 1.200 A 6 800 4 6 1,000 2 2,200 600 900 C...
Table of Crashing DecisionSince no indirect cost nor penaly cost information is offered, please consider the schedule and crash cost issues only,Using Table of Crashing Decision, what is the minimum time schedule for this project?fewer than 8 weeks8 weeks9 weeksmore than 9 weeksSince no indirect cost nor penaly cost information is offered, please consider the schedule and crash cost issues only,Using Table of Crashing Decision, what is the difference, in dollars, between the minimum-time schedule and the schedule created by...
QUESTION 9 Consider the following project; for which activities is it possible that the slack can be greater than zero? Activity Immediate Predecessors B, E a. Only activities B or E could have slack, but they could not both have slack. Ob. Only activities B or C could have slack, but they could not both have slack. Oc. It is possible for any or all activities in this project to have slack. Od. It is possible for either all three...
Most questions answered within 3 hours.
-
An infinite sheet of charge that has a surface charge density of
39 nC/m2 lies in...
asked 1 hour ago -
After watching the lectures I am still having a hard time
understanding these equations.
1. The...
asked 2 hours ago -
Testing:
H0:μ=56.9
H1:μ<56.9
Your sample consists of 23 subjects, with a mean of 56.3 and
standard...
asked 2 hours ago -
straight wire, labeled as Wire A, lies horizontally on a
tabletop and is oriented to run...
asked 2 hours ago -
For a Chi-Squared Goodness of Fit Test about a uniform
distribution, complete the table.
Round to...
asked 2 hours ago -
Milk of magnesia is only slightly soluble in water. Kc for the
reaction Mg(OHs)(s)>Mg2+(a) + 2OH-1(aq)...
asked 2 hours ago -
Excel's HYPGEOM.DIST function can be used to compute _____.
a. both hypergeometric probabilities and cumulative
hypergeometric...
asked 3 hours ago -
The rocket used for the human lunar missions was the Saturn V
rocket. At liftoff the...
asked 2 hours ago -
1. The East Street Bagel Shop has a weekly demand for 3,500
bagels, which they make...
asked 2 hours ago -
paraphrasing each paragraph
“Where two or more persons knowingly act together unlawfully,
the act of each...
asked 2 hours ago -
The lateral line system in fish is contained which of the
following?
chemoreceptors
photoreceptors
mechanoreceptors
odor...
asked 2 hours ago -
Find the y-intercept of y =-5 x. The y-intercept of y equals
negative 5 x is______...
asked 3 hours ago