Calculate the slack time for each activity


Task

Predecessor

Normal Time

Crash Time

Crash Cost Slope

A

None

3

3

NA

B

A

2

2

NA

C

A

6

2

$600

D

A

5

5

NA

E

B

3

1

$600

F

C

2

2

NA

G

D

7

3

$600

H

F, G

4

4

NA

I

E

5

5

NA

J

H

4

4

NA

K

I, J

7

7

NA

In a 3- to 4-page Microsoft Word document, address the following:

  • Draw the AON project network using Microsoft Project, Microsoft Visio, or some other tool capable of creating such a network. Perform a critical path analysis for the network and calculate the ES, EF, LS, and LF times.
  • Calculate the slack time for each activity.
  • Identify the critical path.
  • Assume that the organization will receive a $1000 bonus for each day the duration of the project is shortened. The organization is also responsible for paying the crash cost associated with shortening the schedule. To maximize the net profit, identify which task you should crash and by how much.

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Operation Management: Calculate the slack time for each activity
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