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Project Management

Assume that an activity has a normal tune of 20 weeks, a normal cost of $72,000, a crash time of 16 weeks, and a crash cost of $100,000. By how many weeks, at most, can this activity's duration be reduced? What is the cost per week to accelerate this activity?

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We know that an activity cannot be completed in less than its crash time.

So, maximum ...

Solution Summary

Solution determines the cost per week to accelerate the given activity.