Question

In: Statistics and Probability

Set up and solve an LP model using Excel to crash this project to 24 days....

Set up and solve an LP model using Excel to crash this project to 24 days. What is the total crashing cost?

ACTIVITY

IMMEDIATE PREDECESSORS

STANDARD TIME (Days)

STANDARD COST

CRASH TIME (Days)

CRASH COST

A

--

7

$2,000

5

$3,500

B

A

10

$3,000

8

$4,700

C

A

8

$3,400

7

$3,700

D

C

6

$1,600

4

$2,600

E

C

7

$1,900

4

$4,000

F

D,E

5

$1,200

3

$2,800

G

B,C

11

$8,200

8

$10,900

H

F,G

4

$2,600

3

$3,800

Solutions

Expert Solution

Results
Data Normal time 32 Minimum crash cost to meet project goal $      9,700
Project goal 24 Minimum time 24 Project time 24
Immediate Predecessors (1 per column) Intermediate Computations
Activity Normal Time (weeks) Crash Time (weeks) Normal Cost Total Cost with Crashing Pred 1 Pred 2 Pred 3 Pred 4 Crash days Crash cost/day Crash limit
A 7 5 $2,000 $3,500 2 750 2
B 10 8 $3,000 $4,700 A 2 850 2
C 8 7 $3,400 $3,700 A 1 300 1
D 6 4 $1,600 $2,600 C 0 500 2
E 7 4 $1,900 $4,000 C 1 700 3
F 5 3 $1,200 $2,800 D E 2 800 2
G 11 8 $8,200 $10,900 B C 3 900 3
H 4 3 $    2,600 $       3,800 F G 1 1200 1

The total crashing cost is $9,700.


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