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Use the following information for the next seven questions, The Northern Iowa Little Theater is planning its first play for the upcoming season. However, due to illness of one of their key board

Use the following information for the next seven questions, The Northern Iowa Little Theater is planning its first play for the upcoming season. However, due to illness of one of their key board members, they are behind schedule. Their President, Dat Sarap, has used Project Management principles to lay out the task relationships, and he finds they do not have enough time to make the performance date if they follow the traditional schedule as outlined below. Dat has come up with a list of tasks, their time requirements, and their relationships. He has also begun a network diagram, but needs to know what to do next. Activity Duration Crash Time Preceding Normal Crash Crash Cost Available Normal Time (weeks) Activity(ies) Cost Cost (weeks) Opportunity per week Crash A 10 $5000 $3000 B 2 А с 4 2 B $5.000 $3,000 $8,000 $4,000 D 4 3 B E 10 8 с S10,000 $6,000 S750 F 8 6 C.D $2,250 2 D $5,000 G H 12 8 D $1,000 $3,000 1 2 E,F.H $2.000 2 GI $7,500 G H Cost Per Time Period to Expedite = Crash Cost Normal Time Normal Cost Crash Time
Crash Cost per week Available Crash Opportunity Crash Options с D E F H Crash Crash Crash Crash Crash Path ABDG) ABDHU ABDFU ABCFU ABCEU Length 20 32 28 28 30 Action Marginal Cost Total Cost Critical Path Length after Crashing 1. What is the slack time for activity G? 2. What is the earliest start time for activity 1? 3. What is the latest finish time for activity D? 4. Which is the critical path at the beginning of the analysis? 5. What is the first activity that Dat should crash? 6. What is the minimum completion time for the project after crashing (until no more crashing is possible)? 7. If Dat has a total budget of $3,000 for crashing, what is the shortest possible completion time?

Apr 14 2021 View more View Less

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