PROBLEM 1 -Use the information contained below to compress one time unit per mov

Question

PROBLEM 1 -Use the information contained below to compress one time unit per move using the least cost method activityts) was crashed the adjusted total cost. (30 POINTS) -FILL IN ALL THE BLANK SPACES TO DETERMINE TOTAL NORMAL COST AND MAX CRASH TIME & COSTS (S PO NTS) ed in class). Reduce the schedule until you reach the crash point of the network For cach move, Identify what DIRECT COSTS NORMAL TIME CRASH TIME MAX NORMALCRASH (SLOPE) CRASH TIME TIME $100 $150 $100 Sso $70 $150 2-INITIAL PROJECT-NO CHANGES (Fill in the Blank-5 Points) Initial Project Duration12 What is the Critical Path? Total Direct Cost S 1x 3-CRASH C by 1 day -FILL IN ALL THE BLANKS (5 Points) Project Duration FActivity Changed Cost to Change IX Total Direct Cost S What is the Critical Path? -CRASH E by 1 day-FILL IN ALL THE BLANKS (5 Points) Project Duration FActivity Changed Cost to Change 1x Total Direct Cost S // Fiat is the Critical Path?

Explanation / Answer

1 Activity Crash cost Max crash Time Normal cost Max Crash time Max crash cost A 50 0 1 100 0 50 B 100 2 3 150 2 100 C 50 1 4 200 1 150 D 60 1 3 200 1 120 E 70 2 4 200 2 140 F 90 1 3 150 2 180 2 Initial project duration 12 Critical path ACEF Total direct cost 1000 3 project duration 11 B D Activity changed C Cost to change 50 A 3 3 F Total direct cost 1050 1 C E 3 Critical path ACEF 3 4 4 project duration 10 B D Activity changed E Cost to change 70 A 3 3 F Total direct cost 1120 1 C E 3 Critical path ACEF 3 3 ABDF

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