Question

In: Operations Management

Consider the following network of a project consisting of 7 activities with a scheduled project duration...

Consider the following network of a project consisting of 7 activities with a scheduled project duration of 36 weeks. Direct cost $12,000 with 36 weeks Indirect cost of $ 150 per week and delay damages of $ 500 per week for project duration beyond 30 weeks, and no incentive plan. the following table of time-cost data. Suppose the project should be completed in 30 weeks, what is the total project cost?

Activity

Predecessor.

Normal Time (weeks)

Crash Time (weeks)

Normal cost ($)

Crash cost ($)

A

-

4

3

21,300

22,000

B

A

8

6

2,000

3,500

C

A

8

6

3,750

4,250

D

B,C

12

10

50,000

50,400

E

B,C

6

4

500

900

F

E

6

4

500

2,100

G

D,F

12

11

3,000

3,600

Expert Solution

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keosha answered 8 months ago

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