a) Fully crash the critical path taking the work package back to the shortest possible duration. You should thwith the activity with the lowest cost per unit crash time and progress to the activity with the highest cosp per unit crash time. Show the crash sequence of cost against time using suitable form of graphical representation. b) Summarize the main sources of duration estimating data used by organizations when assembling project schedules.
a) Fully crash the critical path taking the work package back to the shortest possible duration. You should thwith the activity with the lowest cost per unit crash time and progress to the activity with the highest cosp per unit crash time. Show the crash sequence of cost against time using suitable form of graphical representation. b) Summarize the main sources of duration estimating data used by organizations when assembling project schedules.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
How do i fully crash a critical path when given the following question.
a) Fully crash the critical path taking the work package back to the shortest possible duration. You should thwith the activity with the lowest cost per unit crash time and progress to the activity with the highest cosp per unit crash time. Show the crash sequence of cost against time using suitable form of graphical representation.
b) Summarize the main sources of duration estimating data used by organizations when assembling project
![Table 1: Normal and crash activity duration and estimated cost values
Activity
Normal cost (4) Crash duration
The
A-B
A-C
A-D
B-EV
C-E
C-G
D-E
E-F
E-GA
F-H
G-H
H-I
H-J
H-K
H-L
J-LA
K-L
L-M
L-NA
M-O
N-PP
O-P
P-Q4
Normal dura-
tion (weeks)
6
2
2
5
3
I
3
2
6
7
2
6
1
3
5
2
2
4
2
8
3
4
100 000
150 000
200 000
50 000
40 000
20 000
150 000
30 000
90 000
150 000
200 000
100 000
40 000
400 000
100 000
20 000
30 000
40 000
30 000
100 000
200 000
160 000
60 000
(weeks)
4
2
1
4
2
I
2
1
5
5
I
2
4
3
T
7
·23
Crash cost (6)
120 000
150 000
300 000
80 000
140 000
20 000
250 000
40 000
170 000
150 000
240 000
250 000
110000
400 000
200 000
80 000
50 000
80 000
120 000
500 000
250 000
260 000
80 000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F79839baa-648f-45d6-b917-abb79a851cc0%2Fef046371-d841-434e-b5ad-b50bf49e8c0c%2F7ka84jk_processed.png&w=3840&q=75)
Transcribed Image Text:Table 1: Normal and crash activity duration and estimated cost values
Activity
Normal cost (4) Crash duration
The
A-B
A-C
A-D
B-EV
C-E
C-G
D-E
E-F
E-GA
F-H
G-H
H-I
H-J
H-K
H-L
J-LA
K-L
L-M
L-NA
M-O
N-PP
O-P
P-Q4
Normal dura-
tion (weeks)
6
2
2
5
3
I
3
2
6
7
2
6
1
3
5
2
2
4
2
8
3
4
100 000
150 000
200 000
50 000
40 000
20 000
150 000
30 000
90 000
150 000
200 000
100 000
40 000
400 000
100 000
20 000
30 000
40 000
30 000
100 000
200 000
160 000
60 000
(weeks)
4
2
1
4
2
I
2
1
5
5
I
2
4
3
T
7
·23
Crash cost (6)
120 000
150 000
300 000
80 000
140 000
20 000
250 000
40 000
170 000
150 000
240 000
250 000
110000
400 000
200 000
80 000
50 000
80 000
120 000
500 000
250 000
260 000
80 000
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 8 steps with 15 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Practical Management Science](https://www.bartleby.com/isbn_cover_images/9781337406659/9781337406659_smallCoverImage.gif)
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
![Operations Management](https://www.bartleby.com/isbn_cover_images/9781259667473/9781259667473_smallCoverImage.gif)
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
![Operations and Supply Chain Management (Mcgraw-hi…](https://www.bartleby.com/isbn_cover_images/9781259666100/9781259666100_smallCoverImage.gif)
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
![Practical Management Science](https://www.bartleby.com/isbn_cover_images/9781337406659/9781337406659_smallCoverImage.gif)
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
![Operations Management](https://www.bartleby.com/isbn_cover_images/9781259667473/9781259667473_smallCoverImage.gif)
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
![Operations and Supply Chain Management (Mcgraw-hi…](https://www.bartleby.com/isbn_cover_images/9781259666100/9781259666100_smallCoverImage.gif)
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
![Business in Action](https://www.bartleby.com/isbn_cover_images/9780135198100/9780135198100_smallCoverImage.gif)
![Purchasing and Supply Chain Management](https://www.bartleby.com/isbn_cover_images/9781285869681/9781285869681_smallCoverImage.gif)
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
![Production and Operations Analysis, Seventh Editi…](https://www.bartleby.com/isbn_cover_images/9781478623069/9781478623069_smallCoverImage.gif)
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.