Three Critical Path Activities Are Candidates for Crashing on a CPM

question 17

Essay

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 activity A?
b.What is the crash cost per unit time for activity B?
c.Which activity should be crashed first to cut one day from the project's duration;how much is added to project cost?
d.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?
e.Assuming no other paths become critical,how much can this project be shortened at what total added cost?

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Definitions:

Early Retirement Incentive Plans

Early Retirement Incentive Plans are programs offered by employers to encourage employees to voluntarily retire before their normal retirement age, often with enhanced benefits.

Payroll Costs

Expenses related to compensating employees, including wages, salaries, and benefits.

Higher Turnover Rates

A situation where an organization experiences an above-average frequency of employees leaving or being replaced within a given period.

Pension Claims

Applications submitted by retired employees or their beneficiaries to receive retirement benefits as per the pension plan provided by their employer.