homework solutions – chapter 3bt71/mgt3501/hw_3_sol.pdf · homework solutions – chapter 3 1....

Homework Solutions – Chapter 3

1. The following activities are part of a project to be scheduled using CPM:

Activity Immediate Predecessor Time (wks)A - 6B A 3C A 7D C 2E B,D 4F D 3G E,F 7

a. Draw the networkb. What is the critical path?c. How many weeks will it take to complete the project?d. How much slack does activity B have?

Solution

a.

b. A-C-D-E-G, also shown in the network above as the bold path.c. 26 weeks, 6+7+2+4+7.d. 6 weeks, 15-9.

2. For the project with the following information,a. Determine the critical path and the early completion time in weeks.b. Reduce the project completion time by three weeks. Assume a linear cost per

week shortened, and show, step by step, how you arrived at your schedule.

Activity Imm. Pred. Normal time Normal cost Crash time Crash costA -- 5 7000 3 13000B A 10 12000 7 18000C A 8 5000 7 7000D B 6 4000 5 5000E C 7 3000 6 6000F C 4 6000 3 7000G D,E,F 4 7000 3 9000

Solution

a. A-B-D-G, 25 weeks, 5+10+6+4.

b.

Activity NormalTime (NT)

Normal Cost(NC)

Crash Time(CT)

Crash Cost(CC)

NT-CT Cost/weekto expedite

A 5 $7,000 3 $13,000 2 $3,000

B 10 12,000 7 18,000 3 2,000

C 8 5,000 7 7,000 1 2,000

D 6 4,000 5 5,000 1 1,000

E 7 3,000 6 6,000 1 3,000

F 4 6,000 3 7,000 1 1,000

G 4 7,000 3 9,000 1 2,000

First, reduce D (lowest cost activity on the critical path) by one week. This adds an additionalcritical path with activities C and E in it. Second, crash activity G by one week. Critical pathsremain the same. Third, crash activity A by one week at a cost of $3,000, which is the leastexpensive.

Summary of activities crashed:

Step Activity Cost to crash Weeks reduced

1 D $1,000 1

2 G 2,000 1

3 A 3,000 1

Total cost $6,000