The Advanced Tech Company has a project to design an integratedinformation database for a major bank. Data for the project aregiven in the Table. Indirect project costs amount to $300 per day.The company will incur a $150 per day penalty for each day theproject lasts beyond day 14. What would be the least cost toachieve this desired result?
Activity | Normal Time (days) | Normal Cost ($) | Crash Time (days) | Crash Cost ($) | ImmediatePredecessor(s) |
A | 6 | 1,000 | 5 | 1,200 | — |
B | 4 | 800 | 2 | 2,000 | — |
C | 3 | 600 | 2 | 900 | A, B |
D | 2 | 1,500 | 1 | 2,000 | B |
E | 6 | 900 | 4 | 1,200 | C, D |
F | 2 | 1,300 | 1 | 1,400 | E |
G | 4 | 900 | 4 | 900 | E |
H | 4 | 500 | 2 | 900 | G |
