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Project Crashing Cost Calculations

Using the activity matrix information and diagram, how would I determine:
- the crash cost per day for each activity
- which activities I would have to crash in order to meet a 12 day deadline at minimum
cost
- how much more would it cost to crash the project

Activity Normal Time Crash Time Normal Cost Crash Cost
A 5 3 $300 $600
B 3 2 $250 $450
C 6 4 $400 $500
D 5 3 $150 $400

____A (5,3) ________________________
START D (5,3) _______Finish
____B (3,2) _______C (6,4) __________

Note: I need the suffient information to provide me with enough information to understand the process. I need a step by step explaination.

Solution Preview

Please see attached documents for full solutions.

1. The crash cost per day for each activity
Activity Normal Time Crash time Normal cost Crash cost Crash cost per day
A 5 3 $300 $600 $300
B 3 2 $250 $450 $450
C 6 4 $400 $500 ...

Solution Summary

The solution examines project crashing cost calculations. The activities to crash in order to meet a 12 dy deadline at minimum costs are determined.

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