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What Is the Minimum Cost Completion Time for This Project

Question 76

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What is the minimum cost completion time for this project if the activities have normal and crash costs as indicated and there is a $1,000 fixed cost for each day on site plus a $500 penalty for each activity that is crashed? The crash costs represent the cost of a fully expedited activity.For example,reducing activity Y from 13 days to 12 days costs an extra $100 on top of the $500 expediting cost for a total cost of $2,600.Reducing Y from 13 days to 10 days costs an extra $300 on top of the $500 expediting cost,for a total activity cost of $2,800.
 Normal Normal Crash Activity Predecessor Time  Cost  Time  Crash Cost Z2$2,0002$2,000Y13$2,00010$2,300X19$2,00015$3,000WZ18$2,00015$3,000VX10$2,0009$3,000UY13$2,00011$3,000TW18$2,00014$4,000SV4$2,0003$3,000RU6$2,0005$3,000QR,S15$2,00013$3,000PT13$2,00012$3,000NP,Q4$2,0004$2,000\begin{array}{|l|l|l|l|l|l|}\hline&&\text { Normal } & \text {Normal }& \text {Crash}\\ \text { Activity} & \text { Predecessor } & \text {Time } & \text { Cost } & \text { Time } & \text { Crash Cost }\\ \hline\mathrm{ Z} & & 2 & \$ 2,000 & 2 & \$ 2,000 \\\hline \mathrm{Y} & & 13 & \$ 2,000 & 10 & \$ 2,300 \\\hline \mathrm{X} & & 19 & \$ 2,000 & 15 & \$ 3,000 \\\hline \mathrm{W} & \mathrm{Z} & 18 & \$ 2,000 & 15 & \$ 3,000 \\\hline \mathrm{V} & \mathrm{X} & 10 & \$ 2,000 & 9 & \$ 3,000 \\\hline \mathrm{U} & \mathrm{Y} & 13 & \$ 2,000 & 11 & \$ 3,000 \\\hline \mathrm{T} & \mathrm{W} & 18 & \$ 2,000 & 14 & \$ 4,000 \\\hline \mathrm{S} & \mathrm{V} & 4 & \$ 2,000 & 3 & \$ 3,000 \\\hline \mathrm{R} & \mathrm{U} & 6 & \$ 2,000 & 5 & \$ 3,000 \\\hline\mathrm{Q} & \mathrm{R}, \mathrm{S} & 15 & \$ 2,000 & 13 & \$ 3,000 \\\hline \mathrm{P} & T & 13 & \$ 2,000 & 12 & \$ 3,000 \\\hline \mathrm{N} & \mathrm{P}, \mathrm{Q} & 4 & \$ 2,000 & 4 & \$ 2,000\\\hline \end{array}

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