In: Statistics and Probability
Modified problem. Please answer the questions a, b, c.
Bowman Builders manufactures steel storage sheds for commercial use. Joe Bowman, president of Bowman Builders, is contemplating producing sheds for home use. The activities necessary to build an experimental model and related data are given in the following table: | ||||||||||
ACTIVITY | NORMAL TIME | CRASH TIME | NORMAL COST ($) | CRASH COST ($) | IMMEDIATE PREDECESSORS | |||||
A | 3 | 2 | 1000 | 1600 | ||||||
B | 2 | 1 | 2000 | 2700 | ||||||
C | 1 | 1 | 300 | 300 | ||||||
D | 7 | 3 | 1300 | 1600 | A | |||||
E | 6 | 3 | 850 | 1000 | B | |||||
F | 2 | 1 | 4000 | 5000 | C | |||||
G | 4 | 2 | 1500 | 2000 | D, E | |||||
a. What is expected project complete time (before crashing)? | ||||||||||
b. Which activities should be crashed and by how much? | ||||||||||
c. What is the additional project cost to crash to 10 weeks? |