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    Time-Cost CPM Scheduling Model

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    The data for a Time-Cost CPM Scheduling model analysis are given below. The times are in days. What is the minimum cost to complete this project in 14 days? (Hint: This problem requires crashing).

    Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash cost
    A None 4 2 2000 4000
    B A 4 3 3000 6000
    C A 2 1 2000 2500
    D B and C 4 2 5000 5600
    E D 3 1 6000 9000

    © BrainMass Inc. brainmass.com October 10, 2019, 5:38 am ad1c9bdddf
    https://brainmass.com/business/project-management/time-cost-cpm-scheduling-model-512573

    Solution Summary

    Solution analyzes the given CPM problem and calculates the minimum cost to complete the project in 14 days.

    $2.19