Create a template as shown below and we can answer the questions comparatively easily.
Total cost of the project without crashing is 47000 + 6*1000 + 2500*31 = 130500
The slack of activity C is 7
The duration of the path B-D-F-I is 30
The duration of the critical path is 31
For the minimum cost schedule, the first activity to crash is H by 1
The minimum cost schedule stopped before crashing activity D by 1 week because crash cost per week > penalty plus indirect costs per week
Software Installation: You are the project manager of the software installation project (see figure & table)...
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...
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...
The following is a table of activities associated with a project at Rafay Ishfaq's software firm in Chicago, their durations, what activities each must precede and the crash cost to reduce duration per week: Duration (weeks) Activity A (start) Precedes B, C Crash Cost/Week $400 $100 $200 $300 $400 F F (end) 2 Suppose that Rafay is only given 5 weeks (instead of 7) to complete the project. By how many weeks should each activity be crashed in order to...
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...
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...
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...323,0003,300B...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...
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...
Development of Version 2.0 of a particular accounting software product is being considered by Jose Noquera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: To Cost Normal Time (weeks) Crash Time Normal with Activity (weeks) Cost Crashing Immediate Predecessor(s) $2.700 A $2,000 7 $2,300 S3,100 3 $500 $500 S2,300 $2,580 A E 5900 $1.275 F F $3.400 2 S4,800 C G $1,500 $2.100 D, E a) Based on...
The following is a table of activities associated with a project at Rafay Ishfaq's software firm in Chicago, their durations, what activities each must precede and the crash cost to reduce duration per week: Activity Duration (weeks) Precedes Crash Cost/Week A (start) 2 B, C $ 370 B 2 E $ 130 C 4 F $ 200 E 1 F $ 150 F (end) 2 — $ 420 Suppose that Rafay is only given 5 weeks (instead of 8) to...