Exam (elaborations)
CIV1299H - Asset Management: Quantitative tools and methods Excel Sheet
- Institution
- University Of Toronto (U Of T )
This document only contain excel sheet calculation
[Show more]
Seller
Follow
Content preview
ObjectiveThe project manager would like to crush the total project duration to 40 weeks with the minimum cost,
so the requirement of the selected task should be on the critical path, which does not have any floats.
Overall, the crushing cost would be the objective value of the solver function, and the variable should be
the quantity of the crushing weeks.
Methodology
Based on the chart above, the crashing cost formula is listed below:
100*Xa+50*Xb+80*Xc+40*Xd+160*Xe+40*Xf+40*Xg+60*Xh+30*Xi+30*Xj+40*Xk+50*Xl+100*Xm+60*X
n
The constraints are listed below based on the crashed activity duration:
Xa<= 1, Xb<=2, Xc<=7, Xd<=4, Xe<=3,Xf<=3,Xg<=4,Xh<=6,Xi<=5, Xj<=6, Xk<=3, Xl<=3, Xm<=1, Xn<=3
Based on the critical path study (A-V-C-E-F-J-K-N), the starting data variables are set below.
Ya=0,Yb=2-Xa,Yc=Yb+4-Xb,Ye=Yc+10-Xc, Yf=Ye+4-Xe, Yj=Yf+5-Xj, Yk=Yj+8-Xj,Yn=Yk+4-Xk
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller xxxxxx1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$11.13. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76449 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now