Question: (a) Marcus Montoban is assisting a local hospital to install a complex air filter system. The hospital administrator, Deesha Bascombe, identified eight activities required to complete the project.

1. Draw the appropriate PERT diagram used by Marcus Montoban. (8)
2. Find the critical path. (1)
3. What is the projection completion time? (1)

(b) Leandra McIntosh is the marketing manager for "Francois, Vidal and Lake Training Institute", which is considering whether or not a particular programme should be introduced into the Antiguan market. It is possible that the programme will be marketed and unsuccessful. It is also possible that the programme will not be marketed but would have been successful.

There is a fixed cost of $3,000 incurred before making the final decision to market the

programme. If the programs is successful, revenue of $48,000, will be generated. If the

programme is not successful, a Tess of $33,000 will be incurred.

1. Complete the table. That is, what are the values of A, B, C, D? (4)
2. Based on additional information gathered by research assistant Georgiann Woodley,
   it was ascertained that the probability of a successful programme is 0.4. Using your
   results in (i) and this new information, draw the decision tree to represent the situation
   that the Institute, and advise Leandra. (4)
   
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   Solution: The downloadable solution consists of 4 pages
   Deliverable: Word Document
   
   
   

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