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A) Construct the project network. B) Determine the maximum possible crash time for the network,...

Question:

ACTIVITY ACTIVITY
ACTIVITY ACTIVITY PREDECESSOR NORMAL (WEEKS) CRASH (WEEKS) NORMAL ($) CRASH ($)
1 - 20 8 1,000 1,480
2 - 24 20 1,200 1,400
3 - 14 7 700 1,190
4 1 10 6 500 820
5 3 11 5 550 730

A) Construct the project network.

B) Determine the maximum possible crash time for the network, and the crash the network the maximum amount possible.

C) Compute the normal project cost and the cost of the crashed project.

Networking

Networking refers to the transfer of data, facts and figures. For the organization, networking is used to analysis the time and cost incurred in the particular activity. The network analysis is sued to minimize the cost incurred and determine the maximum cost and duration of the activity.

Answer and Explanation:

A) Construct the project network.

B) Determine the maximum possible crash time for the network, and the crash the network the maximum amount possible.

The maximum crash time is equals to the normal time minus crash time.

Activity Normal (weeks) Crash (weeks) Normal (cost) Crash (cost) Maximum crash time
1 20 8 1000 1480 12
2 24 20 1200 1400 4
3 14 7 700 1190 7
4 10 6 500 820 4
5 11 5 550 730 6
=3950 =5620 =33

C) Compute the normal project cost and the cost of the crashed project.

According to the above table we conclude that 3950 is the normal cost of the project and 5620 is the cost of the crashed projects by summarizing the given cost per activity.


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Intro to Business Networking

from Guide to Business Networking

Chapter 1 / Lesson 1
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