1. Business
  2. Operations Management
  3. 3 30 points you have been contracted to undertake a...

Question: 3 30 points you have been contracted to undertake a...

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3) (30 points) You have been contracted to undertake a project for a firm. The project parameters are listed in the table below. Project Parameters Length (weeks) Immediate Predecessors Crash Cost per Maximum weeks crashed Task week $200 $350 $300 $100 $300 $250 $150 $500 E,C D, E 0 a) Draw a network diagram and determine the critical path for the project. What is the expected completion time (state it explicitly)? The client asks you to shorten the project by 3 weeks and will pay you a bonus of $1,200. Is this worthwhile? b)

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