Minimum project completion time = weeks

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...
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Using the information provided in the table, the network diagram and the project completion time = 22 weeks, calculate the minimum
time for completing the project possible.
Normal
Time
Crash
Time
(weeks)
Normal
Crash
Cost per
Maximum
weeks
Reduced
Crash
Activity
(weeks)
Cost ($)
Cost ($)
Week ($)
A
2
500
1
900
1
400
B
4
600
3
700
1
100
C
6
800
3
1,300
3
167
D
1,500
4
2,150
2
325
E
6
1,750
4
2,250
2
250
F
5
1,200
5
1,200
0
0
G
6
1,500
4
1,800
2
150
H
2
500
2
500
0
0
AON network diagram:
B
6
E
A
F
Minimum project completion time =
G
H
weeks
Transcribed Image Text:Using the information provided in the table, the network diagram and the project completion time = 22 weeks, calculate the minimum time for completing the project possible. Normal Time Crash Time (weeks) Normal Crash Cost per Maximum weeks Reduced Crash Activity (weeks) Cost ($) Cost ($) Week ($) A 2 500 1 900 1 400 B 4 600 3 700 1 100 C 6 800 3 1,300 3 167 D 1,500 4 2,150 2 325 E 6 1,750 4 2,250 2 250 F 5 1,200 5 1,200 0 0 G 6 1,500 4 1,800 2 150 H 2 500 2 500 0 0 AON network diagram: B 6 E A F Minimum project completion time = G H weeks
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