Math Problem Statement

What is the minimum cost of crashing the following project at Sawaya Robotics by 4​ days?       
ACTIVITY NORMAL TIME​ (DAYS) CRASH TIME​ (DAYS) NORMAL COST CRASH COST IMMEDIATE​ PREDECESSOR(S) Design​ (A) 9 7 200 300 ​- Wiring​ (B) 7 6 800 875 ​- Chip install​ (C) 5 4 600 675 ​- Software​ (D) 6 4 1 comma 100 1 comma 300 ​A, B Testing​ (E) 9 6 1 comma 200 1 comma 875 C

Part 2

Solution

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Math Problem Analysis

Mathematical Concepts

Project Management
Critical Path Method (CPM)
Crashing in Project Scheduling
Optimization

Formulas

Crash Cost per Day = (Crash Cost - Normal Cost) / (Normal Time - Crash Time)

Theorems

Critical Path Theorem

Suitable Grade Level

Undergraduate (Project Management or Operations Research)