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Given the information provided below (predecessors, normal time, normal cost, crash time and crash cost for an eight-activity (a to h) project) answer the questions (a) through (e) using this template.
Activity
Predecessor
Normal Time
Normal Cost
Crash Time
Crash Cost
Crash Cost/Day
a
-
5
$50
3
$150
b
4
40
2
200
c
7
70
6
160
d
a, c
20
1
50
e
30
f
8
80
290
g
100
h
e, f
60
180
(a). Create the network diagram in the application of your choice and then insert a screen shot of the diagram here. The diagram can be created easily in MS Word using the Insert Shapes function.
Identify the critical path of the network, the time, and cost of the normal level of activity for the project:
(b). Calculate the crash cost-per-day (all activities may be partially crashed). Enter your response to question 1(b) in the table provided below
(c). Find the optimal way of getting an 18-day delivery time. What is the projected cost? Once
(d). Find the optimal way of getting a 16-day delivery time. What is the project cost? Explain your results.
(e). Calculate the shortest delivery time for the project. What is the cost? Explain your results.
Verified Expert
This assignment is based on the concepts of operation management. In this work, we have to draw the network diagram by using a tool. i.e. Microsoft Project Tool. And, find out the other parameters like crash cost, profit cost, delivery time, shortest delivery time, critical path etc.
Thanks to you for such a great amount for your diligent work on this task. I got good marks on it. Once more, much obliged, I will be back with my new task soon.
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