Question

In: Operations Management

Consider a project having the following activities, time, and cost:                                

Consider a project having the following activities, time, and cost:

                                                  Normal      Normal      Crash         Crash         Maximum

                        Immediate         Time        Cost         Time         Cost             Time

      Activity      Predecessors      (weeks)          ($)         (weeks)          ($)         Reduced

            a               none                  4            3,000            2            5,000               2

            b               a                        5            5,000            3            8,000               2

            c               a                        4            7,000            4            7,000               0

            d               b                       4            6,000            2            8,000               2

            e               c,d                     8            4,000            6            8,000               2

            f               c                        3            4,000            2            9,000               1

            g               e,f                     4            2,000            2            7,000               2

Assume partial crashing (not all maximum crashing time has to be used) is available.

  1. Draw the network diagram. How long does project take using normal time?
  2. Which activities should be crashed to reduce the completion time of the project by two weeks? How much is the additional cost? Show all work.

Solutions

Expert Solution

activity required time cost time available for crashing= normal duration-crashed duration cost of crashing per period= (crashing cost-normal cost)/periods available for crashing
normal duration crashed duration normal cost crashing cost
a 4 2                 3,000               5,000 2 $1,000
b 5 3                 5,000               8,000 2 $1,500
c 4 4                 7,000               7,000 0 -
d 4 2                 6,000               8,000 2 $1,000
e 8 6                 4,000               8,000 2 $2,000
f 3 2                 4,000               9,000 1 $5,000
g 4 2                 2,000               7,000 2 $2,500

network diagram

Normal cost is the sun at normal times=$31,000

PATH normal duration
abdeg 25
aceg 20
acfg 15
Cost $31,000
Steps for crashing a project
1 select the critical path and find the process with the least cost of crashing per week
2 If there are multiple critical paths, look for processes that are common, common processes may have low effective cost as common process crashes more than 1 path at once
3 you can only crash an activity depending on the time available for crashing. If an activity is only crashed that much time, choose another activity
4 add the cost of crashing later

Crashing

PATH normal duration crash A by 2 periods
abdeg 25 23
aceg 20 18
acfg 15 13
Cost $31,000 $2,000

additional cost= $2000


Related Solutions

3. Consider a project having the following activities, time, and cost:                               &nb
3. Consider a project having the following activities, time, and cost:                                                   Normal       Normal       Crash         Crash      Maximum                         Immediate          Time         Cost         Time          Cost         Time       Activity      Predecessors      (weeks)          ($)          (weeks)          ($)       Reduced             a               none                  4            3,000             2            5,000            2             b               a                        5            5,000             3            8,000            2             c               a                        4            7,000             4            7,000            0             d               b                        4            6,000             2            8,000            2             e               c,d                     8            4,000             6            8,000            2             f               c                       ...
2. Consider a project having the following seven activities:                                 &
2. Consider a project having the following seven activities:                                                   Normal      Normal      Crash         Crash         Maximum                         Immediate         Time        Cost         Time         Cost             Weeks       Activity     Predecessors     (weeks)         ($)         (weeks)         ($)         Reduced             A              none                  4            3,000            3            6,000               1             B              none                  3            5,000            2            7,000               1             C              A                    9            2,000            7            4,000               2             D              A, B                  2            3,000            2            3,000               0             E              B                     9            4,000            6            7,000               3             F              C,...
1. Consider a project having the following seven activities:                                 &
1. Consider a project having the following seven activities:                                                                         Optimistic        Most likely      Pessimistic                                           Immediate              Time (o)          Time (m)         Time (p)             Activity                 Predecessors         (weeks)           (weeks)           (weeks)                   A                     none                            4                      7                      9                   B                     none                            3                      5                      8                   C                     A                               2                      4                      6                   D                     A, B                            6                      9                      9                   E                      C, D                            5                      5                      5                   F                      B                               2                      5                      9                   G                     E, F                             3                      3                      6 (a) What is the expected time for...
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...
An IT project requires 6 activities. The table below displays the expected time and budgeted cost...
An IT project requires 6 activities. The table below displays the expected time and budgeted cost for each activity. Activity Expected time (weeks) Budgeted Cost Immediate Predecessors A 3 $3,000 None B 4 $6,000 None C 2 $7,000 A D 5 $9,000 B E 3 $3,000 C F 6 $8,000 B,D Develop a budget for the 15 weeks of the project using ES times. The following represents a project with four activities. All times are in weeks. Activity Immediate Predecessor...
Consider a project consisting of four activities A, B, C, and D. The following are constraints...
Consider a project consisting of four activities A, B, C, and D. The following are constraints within which the project has to be conducted • A and B, the first activities of the project, can be started simultaneously. • C can be started only after A is completed. • D can be started only after B is completed Suppose the activity times for the activities are A = 4 weeks, B = 3 weeks, C = 2 weeks, D =...
Question 2: Consider the following activities and their durations and requirements for a construction project. Activity...
Question 2: Consider the following activities and their durations and requirements for a construction project. Activity Predecessors Activity Duration (days) Optimistic Most likely Pessimistic A - 2 7 9 B - 3 6 9 C - 3 5 8 D A 15 19 20 E B, C 6 9 10 F C 2 4 6 G A, E 4 8 13 H G 1 2 4 Part a) Draw the project network and determine the critical path in the project...
A project has the following activities, precedence relationships, and time estimates in weeks: ​ Activity Immediate...
A project has the following activities, precedence relationships, and time estimates in weeks: ​ Activity Immediate Predecessor Activities Optimistic Time (to) Most Likely Time (tm) Pessimistic Time (tp) A — 15 20 25 B — 8 10 12 C A 25 30 40 D B 15 15 15 E B 22 25 27 F E 15 20 22 G D 20 20 22 ​ a.   Compute the expected time and variance for each activity. b.   Determine the critical path and the expected...
Consider the following precedence chart: ACTIVITY PRECEDING ACTIVITIES OPTIMISTIC TIME (days) MOST LIKELY TIME (days) PESSIMISTIC...
Consider the following precedence chart: ACTIVITY PRECEDING ACTIVITIES OPTIMISTIC TIME (days) MOST LIKELY TIME (days) PESSIMISTIC TIME (days) A - 5 10 15 B - 10 12 14 C - 10 10 10 D B,C 2 4 6 E A 4 8 12 F A 4 8 12 G D,E 10 12 14 I F 4 8 12 J G 2 4 6 The total slack for activity C is __________
Consider the following precedence chart: ACTIVITY PRECEDING ACTIVITIES OPTIMISTIC TIME (days) MOST LIKELY TIME (days) PESSIMISTIC...
Consider the following precedence chart: ACTIVITY PRECEDING ACTIVITIES OPTIMISTIC TIME (days) MOST LIKELY TIME (days) PESSIMISTIC TIME (days) A - 5 10 15 B - 10 12 14 C - 10 10 10 D B,C 2 4 6 E A 4 8 12 F A 4 8 12 G D,E 10 12 14 I F 4 8 12 J G 2 4 6 The total slack for activity C is __________ a. 0 b. 2 c. 8 d. 4
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT