Question

The table below defines the activities and the normal time duration for each activities within a...

The table below defines the activities and the normal time duration for each activities within a small project. You can decrease (crash) the durations at an additional expense. Table 1 summarizes the time-cost information for the activities to complete the project.

Table 1: The time-cost information for the activities

Activity

Normal Completion Time (weeks)

Immediate Predecessor

Crash Time (weeks)

Normal cost for activities

Crash cost for activities/week

A

2

-

1

1200

400

B

3

-

1

1400

500

C

4

A

4

1500

600

D

3

B, A

2

1600

1300

E

8

D

7

1400

1200

F

3

C

2

1100

1000

G

2

E

2

1400

1100

H

3

F, G

2

1200

400

Questions:

  1. Draw the network diagram.
  2. Find the earliest start time and earliest finish time for each activity.  
  3. Find the latest start time and latest finish time for each activity.
  4. Find the slack for each activity. Which of the paths is a critical path?
  5. Project overhead cost is $300/week. Find the minimum possible time of the project and the cost associated with this.
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Answer #1

a.

b.

Activity ES EF
A 0 2
B 0 3
C 2 6
D 3 6
E 6 14
F 6 9
G 14 16
H 16 19

c.

Activity LS LF
A 1 3
B 0 3
C 9 13
D 3 6
E 6 14
F 13 16
G 14 16
H 16 19

d.

Activity ES EF LS LF Slack
A 0 2 1 3 1
B 0 3 0 3 0
C 2 6 9 13 7
D 3 6 3 6 0
E 6 14 6 14 0
F 6 9 13 16 7
G 14 16 14 16 0
H 16 19 16 19 0

Slack = LS-ES=LF-EF

Critical path = B-D-E-G-H which is the longest path and has slack = 0

e.

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