c. What is the total time of the minimum-cost schedule? (Enter your responses as whole numbers.) The total project's duration according to the minimum-cost schedule is week(s). The minimum-cost schedule is as follows: Activity A B C D Time according to schedule (weeks) ☐☐☐☐ Activity EFG Time according to schedule (weeks) ☐☐☐

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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c. What is the total time of the minimum-cost schedule? (Enter your responses as whole numbers.)
The total project's duration according to the minimum-cost schedule is week(s). The minimum-cost schedule is as follows:
Time according to
schedule (weeks)
Activity
A
B
C
D
Time according to
schedule (weeks)
☐☐☐☐
Activity
EFG
☐☐☐
Transcribed Image Text:c. What is the total time of the minimum-cost schedule? (Enter your responses as whole numbers.) The total project's duration according to the minimum-cost schedule is week(s). The minimum-cost schedule is as follows: Time according to schedule (weeks) Activity A B C D Time according to schedule (weeks) ☐☐☐☐ Activity EFG ☐☐☐
The table below contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation
project. Indirect costs are $12,000 per week, and a penalty cost of $8,000 per week will be incurred by your company for every week the project is delayed beyond
week 12.
Activity Immediate Predecessor(s)
A
B
с
D
E
F
G
||
D, E
Normal Time Crash Time Normal Cost
(weeks)
($)
3
7,000
2
3,000
3
12,000
4
12,000
1
8,000
6
5,000
3
9,000
(weeks)
1
2
1
3
1
4
2
D
Crash Cost
($)
14,000
3,000
40,000
22,000
8,000
13,000
16,000
Transcribed Image Text:The table below contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation project. Indirect costs are $12,000 per week, and a penalty cost of $8,000 per week will be incurred by your company for every week the project is delayed beyond week 12. Activity Immediate Predecessor(s) A B с D E F G || D, E Normal Time Crash Time Normal Cost (weeks) ($) 3 7,000 2 3,000 3 12,000 4 12,000 1 8,000 6 5,000 3 9,000 (weeks) 1 2 1 3 1 4 2 D Crash Cost ($) 14,000 3,000 40,000 22,000 8,000 13,000 16,000
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