What is the minimum-cost schedule for this project

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You are the manager of a project to improve a billing process atyour firm. Table 1 contains the data you will need to conduct a cost analysis of the project. Indirect costs are $1,600 per week, and penalty costs are $1,800 per week after week 12.

a. What is the minimum-cost schedule for this project?

b. What is the difference in total project costs between the earliest completion time of the project using "normal" times and the minimum-cost schedule jou derived in part (a)?

DATA FOR THE BILLING PROCESS PROJECT

Activity

Immediate Predecessor(s)

Normal Time (weeks)

Crash Time (weeks)

Normal Cost ($)

Crash Cost($)

A

-

4

1

5,000

8,000

B

-

5

3

8,000

10,000

C

A

1

1

4,000

4,000

D

B

6

3

6,000

12,000

E

B, C

7

6

4,000

7,000

F

D

7

6

4,000

7,000

 

Reference no: EM131857115

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