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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            5,000                1

            B              A                     9            5,000             7            8,000                2

            C              A                     4            7,000             4            7,000                0

            D              B, C                   6            6,000             4            8,000                2

            E              C                     8            4,000             6            8,000                2

            F               D                     3            4,000             2            9,000                1

            G              E, F                    4            2,000             2            7,000                2

a) What is the expected project completion time?

b) What is the most economical way and how much will it cost to reduce the completion time of the project by three weeks?

c) What is the most economical way and how much will it cost to reduce the completion time of the project by three weeks?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92511822

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