Office Automation, Inc

Subject:AccountingPrice: Bought3

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Office Automation, Inc. developed a proposal for introducing a new computerized office system that will standardize the electronic archiving of invoices for a particular company. Contained in the proposal is a list of activities that must be accomplished to complete the new office system project. Use the following relevant information about the activities:ActivityDescriptionImmediate PredecessorTime (weeks)CostOptimisticMost LikelyPessimisticNormalCrashNormalCrashIncremental (per week)APlan needs-7821 8 ? 30,000.00 ? 70,000.00 BOrder equipmentA6714 6 ?120,000.00 ?150,000.00 CInstall equipmentB51015 7 ?100,000.00 ?160,000.00 DSet up training labA5613 6 ? 40,000.00 ? 50,000.00 EConduct training courseD41112 8 ? 50,000.00 ? 75,000.00 FTest systemC, E234 3 ? 60,000.00 -  Required:1. Compute the expected time of each activity using the Beta probability distribution.2. Calculate the incremental crash cost per week for each activity.3. PERT-Cost Network showing normal time, crash time and incremental cost per week of the activities.4. Identify the critical path.5. What is the project's expected completion time and cost?6. Assume that the company wants to complete the project in 26 weeks. What crashing decisions do you recommend to meet the desired completion time at the least possible cost?7. How much will be the total project cost after the crashing decisions?