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Consider this network and the time and cost data shown below. The least costly way (assumeing a linear time cost relationship) to reduce project time by one day is to reduce time be one day for activity:

Normal Crash

Activity Time Cost Time Cost

1-2 6 100 5 200

1-4 15 200 12 600

2-3 5 100 4 190

3-4 5 150 3 370

5-3 6 80 5 185

5-4 8 300 7 360

a) 1-2

b) 1-4

c) 2-3

d) Any of the above

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9213618

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