Bowman Builders manufactures steel storage sheds for commercial use. Joe Bowman, president of Bowman Builders, is...

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Accounting

Bowman Builders manufactures steel storage sheds for commercialuse. Joe Bowman, president of Bowman Builders, is contemplatingproducing sheds for home use. The activities necessary to build anexperimental model and related data are given in the accompanyingtable.
Activity
Normal Time
Crash Time
Normal Cost ($)
Crash Cost ($)
Immediate predecessors
A
3
2
1000
1600
-
B
2
1
2000
2700
-
C
1
1
300
300
-
D
7
3
1300
1600
A
E
6
3
850
1000
B
F
2
1
4000
5000
C
G
4
2
1500
2000
D, E
a: What is expected project complete time (before crashing)?
b: Which activities should be crashed and by how much?
c: What is the additional project cost to crash to 10 weeks?

Answer & Explanation Solved by verified expert

4.3 Ratings (667 Votes)

Before proceeding to mail solution we have to understand few terms in brief 1 Normal time This is minimum time required to complete an activity at normal cost 2 Normal Cost This is the lowest possible direct cost required to complete an activity 3 Crash Time This is the minimum time required to complete an activity 4 Crash Cost This is the direct cost that is anticipated in completing an activity within the crash time Solution a Possible paths to complete the activity Sno Paths Normal Duration in See Answer

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Activity	Normal Time	Crash Time	Normal Cost ($)	Crash Cost ($)	Immediate predecessors
A	3	2	1000	1600	-
B	2	1	2000	2700	-
C	1	1	300	300	-
D	7	3	1300	1600	A
E	6	3	850	1000	B
F	2	1	4000	5000	C
G	4	2	1500	2000	D, E