Assignment:
The laurenster corporation has determined the client will pay them a $10,000 bonus if they complete the project in 14 weeks or less. the associated normal times and costs as well as the crash times and costs are shown below. Considering the costs involved to crash the project determine if the laurenster corporation should crash the project to 14 weeks to receive the bonus.
(Please respond asap as I exams tomorrow. I am unable to understand how to determine which activity to crash. What is the factor to chose the same)
Activity |
Normal Time |
Crash Time |
Normal Cost |
Crash Cost |
A |
3 |
2 |
600 |
1200 |
b |
6 |
4 |
1200 |
2400 |
c |
5 |
2 |
1200 |
2400 |
d |
4 |
3 |
1200 |
1800 |
e |
7 |
6 |
1200 |
1800 |
f |
7 |
4 |
1200 |
3000 |
g |
5 |
1 |
2400 |
4800 |
h |
5 |
2 |
1200 |
3000 |
i |
5 |
3 |
1800 |
2400 |
j |
2 |
2 |
300 |
300 |
k |
4 |
4 |
300 |
300 |
l |
3 |
3 |
300 |
300 |