Question
In: Operations Management
Activity Normal Time (days) Normal Cost ($) Crash Time (days) Crash Cost ($) Immediate Predecessor(s) A...
|
Activity |
Normal Time (days) |
Normal Cost ($) |
Crash Time (days) |
Crash Cost ($) |
Immediate Predecessor(s) |
|
A |
6 |
1,000 |
5 |
1,200 |
— |
|
B |
4 |
800 |
2 |
2,000 |
— |
|
C |
3 |
600 |
2 |
900 |
A, B |
|
D |
2 |
1,500 |
1 |
2,000 |
B |
|
E |
6 |
900 |
4 |
1,200 |
C, D |
|
F |
2 |
1,300 |
1 |
1,400 |
E |
|
G |
4 |
900 |
4 |
900 |
E |
|
H |
4 |
500 |
2 |
900 |
G |
- The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in the Table. Indirect project costs amount to $300 per day. The company will incur a $150 per day penalty for each day the project lasts beyond day 14. What would be the least cost to achieve this desired result?
Please complete in excel and not in a
notebook.
Solutions
Expert Solution
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keosha answered 2 years agoRelated Solutions
Time (days) Immediate Time (days) Immediate Activity a m b Predecessor(s) Activity a m b Predecessor(s)...
Time (days)
Immediate
Time (days)
Immediate
Activity
a
m
b
Predecessor(s)
Activity
a
m
b
Predecessor(s)
A
55
55
77
long dash—
H
44
44
66
E, F
B
11
22
55
long dash—
I
22
77
1010
G, H
C
55
55
55
A
J
22
44
77
I
D
44
88
1313
A
K
66
1010
1313
I
E
11
1010
1717
B, C
L
22
66
66
J
F
11
55
77
D
M
22
22
33...
Time (days) Immediate Time (days) Immediate Activity a m b Predecessor(s) Activity a m b Predecessor(s)...
Time (days)
Immediate
Time (days)
Immediate
Activity
a
m
b
Predecessor(s)
Activity
a
m
b
Predecessor(s)
A
55
55
77
long dash—
H
44
44
66
E, F
B
11
22
55
long dash—
I
22
77
1010
G, H
C
55
55
55
A
J
22
44
77
I
D
44
88
1313
A
K
66
1010
1313
I
E
11
1010
1717
B, C
L
22
66
66
J
F
11
55
77
D
M
22
22
33...
For the given data, crash the project completely. ACTIVITY PREDECESSOR NORMAL TIME(DAYS) MAX CRASH TIME NORMAL...
For the given data, crash the project completely.
ACTIVITY
PREDECESSOR
NORMAL TIME(DAYS)
MAX CRASH TIME
NORMAL COST$
CRASH SLOPE
A
NONE
3
0
60
0
B
NONE
7
1
30
50
C
A
5
3
50
13.33
D
A
6
1
30
20
E
C,B
4
2
40
30
1.What is the normal project duration? =
BLANK-1
2. Whatis the normal project cost? =
BLANK-2
3. What is the project cost when fully crashed? =
BLANK-3
4. Which activities were...
The relevant project data are given as follows. Activity Predecessor(s) Normal time (weeks) Crash time Normal...
The relevant project data are given as
follows.
Activity
Predecessor(s)
Normal time (weeks)
Crash time
Normal cost
Crash cost
Possible number of weeks to crash
Cost/week to expedite
A
--
7
6
$7,000
$8,000
B
A
2
1
5,000
7,000
C
A
4
3
9,000
10,200
D
B,C
5
4
3,000
4,500
E
D
2
1
2,000
3,000
F
D
4
2
4,000
7,000
G
E,F
5
4
5,000
8,000
a) Draw the AOA
(Activity-On-Arc) diagram as shown in...
Project management Expediting a Project Task Predecessor Normal Time Weeks Normal Cost Crash Time Crash Cost...
Project management
Expediting a Project
Task
Predecessor
Normal Time Weeks
Normal Cost
Crash Time
Crash Cost
A
-
4
$2000
4
-
B
A
4
$1500
2
4500
C
A
6
5000
4
8000
D
B
2
1000
2
-
E
B
6
8000
3
10000
F
C
10
10000
7
14000
G
D
7
3500
4
5000
H
E
4
2500
2
5000
I
G,H
3
2000
2
3500
J
I,F
3
3000
1
4500
Consider the project shown...
1) Consider the network corresponding to the following information. Activity Immediate Predecessor(s) Time (Weeks) A ---...
1) Consider the network corresponding to the following
information.
Activity
Immediate
Predecessor(s)
Time
(Weeks)
A
---
3
B
---
4
C
A
6
D
B
9
E
B
6
F
C, D
6
G
D, E
8
H
G, F
9
Draw the network corresponding to the above
information.
Using a table format, identify the critical
path.
What is the project completion time?
Information on a project’s activities is shown in the following table: Activity Immediate Predecessor Activity Time...
Information on a project’s activities is shown in the following
table:
Activity
Immediate
Predecessor
Activity Time
(wks)
Total Budgeted
Cost
A
-
4
24,000
B
-
3
27,000
C
B
2
14,000
D
A
8
32,000
E
D
3
24,000
F
C, E
4
60,000
G
D
6
30,000
H
F
6
30,000
I
G
4
20,000
J
G, H
3
18,000
K
I
2
10,000
L
J
4
16,000
Create a Gantt chart based on earliest start times. (20...
Activity Optimistic Time Estimate (weeks) Most Likely Time Estimates (weeks) Pessimistic Time Estimates (weeks) Immediate Predecessor(s)...
Activity
Optimistic Time Estimate
(weeks)
Most Likely Time Estimates (weeks)
Pessimistic Time Estimates (weeks)
Immediate Predecessor(s)
A
3
6
9
none
B
3
5
7
A
C
4
7
12
A
D
4
8
10
B
E
5
10
16
C
F
3
4
5
D, E
G
3
6
8
D, E
H
5
6
10
F
I
5
8
11
G
J
3
3
3
H, I
A.)Using the information given, construct a network diagram
using AON notation....
A public accounting firm requires the following activities for an audit: Activity Immediate Predecessor Activity time...
A public accounting firm requires the following activities
for an audit:
Activity
Immediate Predecessor
Activity time
A
-
3
B
A
2
C
-
5
D
B, C
2
E
A
4
F
B, C
6
G
E, D
5
Draw a network for this project? (Marks 0.5)
Make a forward pass and a backward pass to determine ES, LS,
EF, and LF? (Marks 0.5)
What are the critical path? (Marks 0.5)
Activities, predecessors and duration for a School Building Project Activity Description Immediate predecessor Duration (days) A...
Activities, predecessors and duration for a School Building
Project
Activity
Description
Immediate predecessor
Duration (days)
A
Clear Site and mobilize labour and equipment
None
5
B
Excavate foundation
A
15
C
Procure materials (sand, cement, chippings etc.)
A
10
D
Pour foundation concrete
B, C
5
E
Mould sandcrete blocks (substructure)
C
5
F
Construct substructure block work
D, E
15
G
Construct superstructure block work
F, H
30
H
Make doors and window frames
I
10
I
Procure and...
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