Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table Normal Time (weeks) Crash Time (weeks) 3 Total Cost with Immediate. Crashing Predecessor(s) Activity A 4 Normal Cost $2,000 $2,300 $750 $2,300 B 1 $2,650 $3,100 $750 С 3 D 4 A E 3 B $2,580 $1,000 $1,300 $4,400 $2,000 F 2 C $3,000 $1,600 G 2 D, E weeks. a) Based on the given information regarding the activities for the project, the project length = b) The total cost required for completing this project on normal time = $ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity Y The cost of the project based on the first activity selected for crashing will increase by $ d) The maximum weeks by which the project can be reduced by crashing = ✔weeks. 4 Total cost of crashing the project to minimum (or maximum wooks possible) = $ 2 3 8 6 3 4

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
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Chapter19: Pricing Concepts
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Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table
D
Total Cost
with
Normal Time Crash Time Normal
Immediate
Activity (weeks)
(weeks) Cost
Crashing Predecessor(s)
A
4
3
$2,000 $2,650
B
2
1
$2,300 $3,100
TTTT
C
3
3
$750
$750
D
8
4
$2,300 $2,580
A
E
6
3
$1,000 $1,300
B
F
3
2
$3,000 $4,400
C
G
4
2
$1,600 $2,000
D, E
a) Based on the given information regarding the activities for the project, the project length =
weeks.
b) The total cost required for completing this project on normal time = $
▼
c) For reducing the duration of the project by one week, the activity that should be crashed first is activity
The cost of the project based on the first activity selected for crashing will increase by $
weeks.
d) The maximum weeks by which the project can be reduced by crashing =
Total cost of crashing the project to minimum (or maximum weeks possible) = $
Transcribed Image Text:Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table D Total Cost with Normal Time Crash Time Normal Immediate Activity (weeks) (weeks) Cost Crashing Predecessor(s) A 4 3 $2,000 $2,650 B 2 1 $2,300 $3,100 TTTT C 3 3 $750 $750 D 8 4 $2,300 $2,580 A E 6 3 $1,000 $1,300 B F 3 2 $3,000 $4,400 C G 4 2 $1,600 $2,000 D, E a) Based on the given information regarding the activities for the project, the project length = weeks. b) The total cost required for completing this project on normal time = $ ▼ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ weeks. d) The maximum weeks by which the project can be reduced by crashing = Total cost of crashing the project to minimum (or maximum weeks possible) = $
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