Develop a project network. (b) Develop an activity schedule. Activity Earliest Start Latest Start Earliest Finish Latest Finish Slack A           B           C           D           E           F           (c) What are the critical activities? (Enter your answers as a comma-separated list.): __________ What is the expected project completion time (in weeks)? __________ weeks

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities.
      Time (weeks) Cost ($1,000s)
Activity Description Immediate
Predecessor
Normal Crash Normal Crash
A Plan needs   10 8 30 70
B Order equipment A 8 6 120 150
C Install equipment B 10 7 100 160
D Set up training lab A 7 6 40 50
E Conduct training course D 10 8 50 75
F Test system C, E 3 3 60  
 
(a). Develop a project network.
(b) Develop an activity schedule.
Activity Earliest
Start
Latest
Start
Earliest
Finish
Latest
Finish
Slack
A          
B          
C          
D          
E          
F          
(c)
What are the critical activities? (Enter your answers as a comma-separated list.): __________
What is the expected project completion time (in weeks)? __________ weeks
(d)
Assume that the company wants to complete the project in six months or 26 weeks. What is the amount of crash time (in weeks) for each activity that minimizes cost? (A, B, C, D, E) = __________ 
(e)
Develop an activity schedule for the crashed project.
Activity Earliest
Start
Latest
Start
Earliest
Finish
Latest
Finish
Slack
A          
B          
C          
D          
E          
F          
(f)
What added project cost (in thousands of dollars) is required to meet the six-month completion time?
__________  thousands of dollars
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