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ACC 300 Assignment 17

ACC 300 Assignment 17

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Author: Trudy Webb
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http://homework.plus/acc-300-assignment-17/

1. Problem 17-13
Here is a list of activity times for a project as well as crashing costs for its activities. Determine which activities should be crashed and the total cost of crashing if the goal is to shorten the project by three weeks as cheaply as possible. (Omit the "$" sign in your response.)
 
 
Activity

Duration (weeks)

First Crash

Second Crash

1-2

5

$8

$10

2-4

6

7

9

4-7

3

14

15

1-3

3

9

11

3-4

7

8

9

1-5

5

10

15

5-6

5

11

13

6-7

5

12

14

 
2. Problem 17-16
Chuck’s Custom Boats (CCB) builds luxury yachts to customer order. CCB has landed a contract with a mysterious New York lawyer (Mr. T). Relevant data are shown on the next page. The complication is that Mr. T wants delivery in 32 weeks or he will impose a penalty of $375 for each week his yacht is late. Note: No activity can be crashed more than two weeks.
Immediate

Normal Time
CRASHING COSTS
Activity

Predecessor
(weeks)           1st Week         2nd Week

K

9

$410

$415

L

K

7

125

N

K

5

45

45

M

L

4

300

350

J

N

6

50

Q

J,M

5

200

225

P

Q

8

Y

Q

7

85

90

Z

P

6

90

End

Y,Z

 
3. Problem 17-19
Create a risk matrix for this project:
 
 
Event

Cost ($000)

Probability

1. Equipment breakdown

40

.20

2. Vendor is late with key segment

200

.60

3. Subcontractor has labor issues

140

.30

4. Weather problems

15

Unknown

5.  Funding delays

50

.40 to .60

6.  Testing delays

20

.40


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