What is the minimum-cost schedule for this project

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Reference no: EM131857115

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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