The Laurenster Corporation has determined the client will pay them a $10,000 bonus if they complete the project in Problem 11-33 in 14 weeks or less. The associated normal times and costs as well as the crash times and costs are shown below.


Problem 11-33

Considering the costs involved to crash the project, determine if the Laurenster Corporation should crash the project to 14 weeks to receive the bonus

The Laurenster Corporation needs to perform the following tasks in weeks.

Determine the associated PERT network diagram and determine the probability that the project will be complete in 16 weeks or less

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