The Zechmeister Corporation has determined a client will pay it a $10,000 bonus
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The Zechmeister Corporation has determined a client will pay it a $10,000 bonus

Question 2.

The Zechmeister Corporation has determined a client will pay it a $10,000 bonus if it completes 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 Zechmeister Corporation should crash the project to 14 weeks to receive the bonus. Using this information construct a network diagram for the project using the Activity on Node diagram.

Duration in weeks

Activity

Preceding activities

NORMAL TIME

CRASH TIME

NORMAL COST ($)

CRASH COST ($)

A

-

3

2

            600

         1,200

B

-

6

4

         1,200

         2,400

C

-

5

2

         1,200

         2,400

D

A

4

3

         1,200

         1,800

E

B

7

6

         1,200

         1,800

F

C

7

4

         1,200

         3,000

G

A

5

1

         2,400

         4,800

H

B

5

2

         1,200

         3,000

I

C

5

3

         1,800

         2,400

j

D, G

2

2

            300

            300

K

E, H

4

4

            300

            300

L

F, I

3

3

            300

            300

Hint
StatisticsA node diagram, also referred to as a network diagram, is a visual representation that maps a network of interconnected entities or nodes. It organizes data in a way that quickly reveals relationships, outliers, clusters, and important nodes in your network. Activity-on-node is a project management term that refers to a precedence. diagramming method which uses boxes to denote schedule a...

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