Three critical path activities are candidates for crashing on a CPM network. Activity details are in the table below.
a. What is the crash cost per unit time for each of the three activities?
b. Which activity should be crashed first to cut one day from the project's duration; how much is added to project cost?
c. Which activity should be the next activity crashed to cut a second day from the project's duration; how much is added to project cost?
Definitions:
Production Facility
A place equipped with the necessary equipment and machinery for the manufacture of products.
Quantity Flexibility
An adjustment mechanism within supply chain management allowing for changes in order quantities to meet actual demand.
Market Intelligence
The process of gathering, analyzing, and interpreting information about a market, including information about competitors, customers, and other market dynamics.
Intermediary
A third-party agent or entity that acts as a mediator or facilitator between two parties in a transaction, often involved in the distribution chain.
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