Using the information provided in the table, the network diagram and the project completion time = 25 weeks, reduce the completion time of the project by 3 weeks in the most economical way. Activity NormalTime(weeks) NormalCost ($) CrashTime(weeks) CrashCost ($) MaximumweeksReduced CrashCost perWeek ($)A 3 500 2 900 1 400 B 4 600 3 700 1 100 C 6 800 3 1,286 3 162.00 D 6 1,500 4 2,150 2 325 E 6 1,750 4 2,250 2 250 F 5 1,200 5 1,200 0 0 G 7 1,500 5 1,794 2 147 H 3 500 3 500 0 0 Reduce G by select a number of (1-4) week(s),C by select a number (1-4) of week(s),at a cost of $ __________ enter a dollar amount . B(4)Е(6)A(3)C(6)G(7)H(3)D(6)F(5)

Project Crashing is decrease in the total duration for the completion of a project and are closely…

Answered: Using the information provided in the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Using the information provided in the table, the network diagram and the project completion time = 25 weeks, reduce the completion time of the project by 3 weeks in the most economical way.

Activity	Normal Time (weeks)	Normal Cost ($)	Crash Time (weeks)	Crash Cost ($)	Maximum weeks Reduced	Crash Cost per Week ($)
A	3	500	2	900	1	400
B	4	600	3	700	1	100
C	6	800	3	1,286	3	162.00
D	6	1,500	4	2,150	2	325
E	6	1,750	4	2,250	2	250
F	5	1,200	5	1,200	0	0
G	7	1,500	5	1,794	2	147
H	3	500	3	500	0	0