Below Are the Data for a Time-Cost CPM Scheduling Analysis

question 76

Essay

Below are the data for a Time-Cost CPM Scheduling analysis.The time is in days and the costs include both direct and indirect costs. $$\begin{array} { | l | l | l | l | l | l | } \hline & \text { Immediate } & \text { Normal } & \text { Crash } & \text { Normal } & \text { Crash } \\\hline \text { Activity } & \text { Predecessor } & \text { Time } & \text { Time } & \text { Cost } & \text { Cost } \\\hline \text { A } & \text { None } & 3 & 2 & \$ 200 & \$ 400 \\\hline \text { B } & \text { A } & 4 & 3 & \$ 300 & \$ 600 \\\hline \text { C } & \text { A } & 1 & 1 & \$ 300 & \$ 300 \\\hline \text { D } & \text { B and C } & 3 & 2 & \$ 500 & \$ 550 \\\hline \text { E } & \text { D } & 2 & 1 & \$ 500 & \$ 900 \\\hline\end{array}$$
If you crash this project to reduce the total time by four days,what is the total time of the project and total cost? __________________

---

Definitions:

Demographic Research

The study of populations and their characteristics, such as age, race, gender, and income, to understand trends and patterns within a society.

Marketing Strategy

A comprehensive plan formulated to promote and sell a product or service, integrating a business's marketing goals and objectives.

Data Resources

Collections of information or data sets that can be used for analysis or decision-making.

Centralized Integrated

A system or organization where decision-making and management processes are concentrated at a single point or within a unified structure.