Pressure to shorten the duration of the project

Assignment Help Business Management
Reference no: EM13861658

Rob Smith is managing a small project at Boston University. He is under pressure to shorten the duration of the project by 4 days and he wants to do so at the lowest cost possible.

By how many days should each activity be crashed to reduce the project by 4 days?

Activity

Normal Time (days)

Crashed Time (days)

Normal Cost

Crashed Cost

Predecessor(s)

A

6

5

$800

$1,100

-

B

5

3

$300

$500

-

C

6

5

$600

$650

-

D

5

3

$750

$1,500

A

E

6

3

$1,200

$1,650

C

F

3

2

$400

$600

B

16 Crash activity A by days
17 Crash activity B by days.
18 Crash activity C by days.
19 Crash activity D by days.
20 Crash activity E by days.
21 Crash activity F by days.
22 What is the total cost of crashing the project 4 days (just the additional cost, not total project cost)?

Reference no: EM13861658

Questions Cloud

How hard do you believe it is to find a management position : How hard do you believe it is to find a management position in hospitality? What percentage of finance and accounting do you have to use on a weekly basis?
What was the most interesting or useful part of intervieiew : What was the most interesting or useful part of the interview for you? Was there an "ah-ha" moment? Was there anything you did not learn from this interview, but wish you had?
Were there any outcomes from the group meeting : Who served as the team leader? What leadership style did you observe? How well did the team work together? Was there group conflict? If so, how was it resolved? Were there any outcomes from the group meeting
Impact of information technology on logistic industry : It is recommended that your project report have the following structure in the order provided here - The Abstract consists of the project title and about half a page concise summary containing the scope and results of your study.
Pressure to shorten the duration of the project : Rob Smith is managing a small project at Boston University. He is under pressure to shorten the duration of the project by 4 days and he wants to do so at the lowest cost possible.
How many big macs day can the owner expect to sell : A specific McDonald’s franchise owner is looking at elasticities of Big Macs. E(p)= 2 (Price), E(i)=1 (Income), E(mt)=1.5 (m=Big Mac, t= Taco). The franchise owner would like to increase the price of Big Macs by 6%. If the franchise owner currently s..
Analyzed the provisions of the sarbanes-oxley act : Analyzed the provisions of the Sarbanes-Oxley Act
Contract to supply motors for all refrigerators : Forbelt Corporation has a 1-year contract to supply motors for all refrigerators produced by the Ice Age Corporation. Ice Age manufactures the refrigerators at the four locations around the country: Boston, Dallas, Los Angeles, and St. Paul. Plans ca..
Determine the revenue maximizing price and quantity : What is the marginal revenue of a firm that sells a product at the price of $15 and the price elasticity of demand for the product is -2? What is the price elasticity of demand of a firm that sells a product for $20 and marginal revenue is $12? Use t..

Reviews

Write a Review

Business Management Questions & Answers

  Examples of bias in business writingwhat are three examples

examples of bias in business writingwhat are three examples of bias in business writing? identify two methods you

  Identify the key issues relating to society reliance

Identify the key issues relating to society's reliance on fossil fuels, i.e., renewability, pollution and future consumption. Explain how does this tie in with Hardin's concept of "the tragedy of the commons"?

  Use the formula

Use the formula:  Celsius = (Fahrenheit - 32) * 5.0 / 9.0 The output Celsius should be a floating point with two digits of precision.

  Discuss problems of bias in political elections

Passion is okay, however don't be offensive. Let's discuss problems of bias in political elections as well as what, if anything, can be done to improve our capacity

  Evaluate the second partner advice not to move downtown

We have spent so much on our present office that we can't afford to waste this money by moving now." Evaluate the second partner's advice not to move downtown. Illustrate and fully explain using an example of relevant cost.

  Begin by explaining fiscal policy

Begin by explaining fiscal policy.

  Cross cultural issuesdetermine the impact of canadian cross

cross cultural issuesdetermine the impact of canadian cross cultural issues on change and analyze the impact of

  Offer and initial off the cuff definition of sustainability

Offer and initial off the cuff definition of sustainability and informally assess your organization's level of social responsibility based upon this definition

  Explain what are the responsibilities of the council members

The City of Townscape has had an increasingly difficult time attracting and retaining qualified department heads and other high level city employees.

  Show the green and sustainabilitywhy is there a need for a

show the green and sustainabilitywhy is there a need for a green and sustainable movement? what has happened in the

  Major approaches in studying leadership

Write an overview on one of the major approaches to studying leadership. Include the strengths and weaknesses of your chosen leadership approach.

  Illustrate what purpose does structure serve

Important variables to consider when creating managerial structure (span of management, centralization, etc -.) Illustrate what purpose does structure serve.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd