Statistics Solutions

[All Steps] Davis Industries is installing a new computer system. After reviewing the activity times and costs, the vendor has the following information,

Question: Davis Industries is installing a new computer system. After reviewing the activity times and costs, the vendor has the following information, cost and time estimates of the project:

Time (Weeks) Cost ($)
Activity Normal Crash Normal Crash Predecessor
A 3 1 900 1700 -
B 6 3 2000 4000 -
C 2 1 500 1000 A
D 5 3 1800 2400 B, C
E 4 3 1500 2350 D
F 3 1 3000 4900 E
G 9 4 8000 12800 B, C
H 3 2 1000 2200 F, G

The contractor will incur a $425 per week penalty for each week the project lasts beyond week 16.

  1. Find the critical path for minimum cost schedule.
  2. Which activities will crash to minimize the costs and for how long?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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