I need assistance with the following questions in: Project Scheduling. This is a follow up to a ques

I need assistance with the following questions in: Project Scheduling.

This is a follow up to a question answered earlier. Question 1) was answered.

1)  A company decides to plan a project, with activities, precedences and deterministic durations given in the following table:

 

Activity i	Duration (days)	Immediate Predecessors
A	32	none
B	21	none
C	30	none
D	45	A
E	26	A, B
F	28	C
G	20	E, F

2) The company decided that the project in the previous problem has to be expedited in order to optimize (minimize) the project cost.  Expediting can be used to trade direct cost for indirect cost, since expediting the project reduces the indirect cost of the project by a fixed amount per day, while expediting an activity increases its total direct cost.  The Accounting Department found that indirect costs amount to $100 per day, while activity direct costs as well as their normal and expedited times are given in the table below.

Activity	Normal  Time (days)	Expedited Time (days)	Normal Cost ($)	Expedited  Cost ($)
A	32	26	200	500
B	21	20	300	375
C	30	30	200	200
D	45	40	200	800
E	26	20	700	1,360
F	28	24	1,000	1,160
G	20	18	400	550

 

From this table you can compute the direct cost incurred by expediting an activity by one day.

 

Questions:

1) What is the optimal time to complete the project?

2) What is the optimal project cost?

 

 

 

 

 

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.

The post I need assistance with the following questions in: Project Scheduling. This is a follow up to a ques appeared first on Affordable Nursing Writers.