Q1) Five critical path activities are candidates for crashing on a CPM network. Activity details are...

Q1) Five critical path activities are candidates for crashing on a CPM network. Activity details are in the table below.

Activity	Normal Time	Normal Cost	Crash Duration	Crash Cost
A	14 days	$7,000	10 days	$9,800
B	10 days	$6,000	7 days	$8,700
C	6 days	$6,800	4 days	$7,800
D	8 days	$4,500	6 days	$6,700
E	5 days	$2,500	4 days	$3,300

What is the crash cost per unit time for each of the activities?

Which activity should be crashed first to cut one day from the project's duration; calculate the added cost and total cost of project?

Which activity should be the next activity crashed to cut a second day from the project's duration; calculate the added cost and total cost of project.

If we want to minimize project duration by 6 days, what should we do? (calculate the added cost and total cost of project)

How much can this project be shortened? (Calculate the added cost and total cost of project)

Expert Solution

keosha answered 7 months ago

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