2. Draw the AON diagram and using Time-Cost Trade-Off concept, determine the optimum cost and optimum duration for the network. Develop an excel sheet to show all your calculations. The overhead cost = $200/day. Recreate the Table with excel. Activity A B C D E F G H I J K Predecessors - A A A B B, C D E F F, G H, I, J Duration (Days) Normal 1 7 6 3 3 7 8 7 5 3 5 Crash 1 4 4 2 1 5 4 6 3 2 4 Cost ($) Normal 800 1000 300 400 100 500 1200 350 700 500 450 Crash 800 1600 500 800 200 800 1400 600 850 1000 800

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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+
Recreate the Table with excel.
2. Draw the AON diagram and using Time-Cost Trade-Off concept, determine the
optimum cost and optimum duration for the network. Develop an excel sheet to
show all your calculations. The overhead cost = $200/day.
Activity Predecessors
A
B
C
D
E
F
G
H
I
J
K
A
A
A
B
B, C
D
E
F
F, G
H, I, J
Duration (Days)
Normal
1
7
6
3
3
7
8
7
5
3
5
Crash
1
4
4
2
1
5
4
6
32
2
4
Cost ($)
Normal
800
1000
300
400
100
500
1200
350
700
500
450
Crash
800
1600
500
800
200
800
1400
600
850
1000
800
Transcribed Image Text:+ Recreate the Table with excel. 2. Draw the AON diagram and using Time-Cost Trade-Off concept, determine the optimum cost and optimum duration for the network. Develop an excel sheet to show all your calculations. The overhead cost = $200/day. Activity Predecessors A B C D E F G H I J K A A A B B, C D E F F, G H, I, J Duration (Days) Normal 1 7 6 3 3 7 8 7 5 3 5 Crash 1 4 4 2 1 5 4 6 32 2 4 Cost ($) Normal 800 1000 300 400 100 500 1200 350 700 500 450 Crash 800 1600 500 800 200 800 1400 600 850 1000 800
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