Given the Critical Path Below, Calculate the Following
A

question 104

Essay

Given the critical path below, calculate the following
a. The crash cost per unit time savings for each activity.
b. The maximum total crash time savings and cost.
c. The maximum total time-savings with a $7000 budget.
$$\begin{array} { | c | c | c | c | c | } \hline \text { Activity } & \text { Normal Time } & \text { Normal Cost } & \begin{array} { c } \text { Crash } \\\text { Duration }\end{array} & \text { Crash Cost } \\\hline \text { A } & 8 \text { days } & \$ 8,000 & 6 \text { days } & \$ 12,000 \\\hline \text { B } & 5 \text { days } & \$ 2,000 & 4 \text { days } & \$ 10,000 \\\hline \text { C } & 10 \text { days } & \$ 9,000 & 9 \text { days } & \$ 12,000 \\\hline\end{array}$$

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Definitions:

Telecommuting

Working from a location outside of a traditional office environment, typically from home, enabled by telecommunications technology.

Increased Productivity

Refers to the efficiency of production within an organization, aiming for higher output with the same or fewer resources.

Fixed Hours

Refers to a traditional work schedule where employees work a set number of hours per day, typically 9 am to 5 pm, Monday through Friday.

Task Significance

The extent to which a job has a substantial impact on the lives or work of other people, either within the organization or externally.