Examlex

Solved

Given the Critical Path Below, Calculate the Following
A

question 121

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 $3000 budget.
 Activity  Normal Time  Normal Cost  Crash  Duration  Crash Cost  A 8 days $8,0007 days $12,000 B 5 days $2,0003 days $10,000 C 10 days $9,0009 days $12,000\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 & 7 \text { days } & \$ 12,000 \\\hline \text { B } & 5 \text { days } & \$ 2,000 & 3 \text { days } & \$ 10,000 \\\hline \text { C } & 10 \text { days } & \$ 9,000 & 9 \text { days } & \$ 12,000 \\\hline\end{array}


Definitions:

Managers

Individuals in an organization responsible for directing, controlling, and overseeing the work of others to achieve the organization's goals efficiently and effectively.

Communication Flows

The exchange of information between various levels and parts of an organization or between different organizations.

Managers

Individuals who are responsible for directing and overseeing the work of a group of people in an organization.

Related Questions