1b) Given the limited resources as indicated in the table above: Evaluate the officer’s chance to catch the robbers, if she arrives between minutes 47.5 and 49.5 after the robbery begins. [Calculate the probability for the critical path only]
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1b) Given the limited resources as indicated in the table above: Evaluate the officer’s chance to catch the robbers, if she arrives between minutes 47.5 and 49.5 after the robbery begins. [Calculate the probability for the critical path only]
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- The yield on 1-year Treasury securities is 6%, 2-year securitiesyield 6.2%, 3-year securities yield 6.3%, and 4-year securities yield 6.5%. There is nomaturity risk premium. Using expectations theory and geometric averages, forecast theyields on the following securities:a. A 1-year security, 1 year from nowb. A 1-year security, 2 years from nowc. A 2-year security, 1 year from nowd. A 3-year security, 1 year from nowCarlisle Tire and Rubber, Inc., is considering expanding production to meet potential increases in the demand for one of its tire products. Carlisle’s alternatives are to construct a new plant, expand the existing plant, or do nothing in the short run. The market for this particular tire product may expand, remain stable, or contract. Carlisle’s marketing department estimates the probabilities of these market outcomes to be 0.25, 0.35, and 0.40, respectively. The file P09_31.xlsx contains Carlisle’s payoffs and costs for the various combinations of decisions and outcomes. a. Use PrecisionTree to identify the strategy that maximizes this tire manufacturer’s expected profit. b. Perform a sensitivity analysis on the optimal decision, letting each of the monetary inputs vary one at a time plus or minus 10% from its base value, and summarize your findings. Which of the inputs appears to have the largest effect on the best solution? Tire plant decisions Decision\outcome…Please do not give solution in image formate thanku. 11-24 Using PERT, Ed Rose was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months and the project variance is 4. What is the probability that the project will be completed in 17 months or less? What is the probability that the project will be completed in 20 months or less? What is the probability that the project will be completed in 23 months or less? What is the probability that the project will be completed in 25 months or less?
- Michael is the marketing executive of SHOPEE and he is planning to launch the 2.2.22 online SALE through price discounts, either 40% off or 20% off. He also learned that SHOPEE closest competitor LAZADA , is planning to promote also a 2.22.22 online SALE with price discounts , either 50% off or 30% off. If SHOPEE launches the 40% off, it will gain nothing. If LAZADA launches the 50% off or gain 8,000,000 if LAZADA launches the 30% off. If SHOPEE launches the 20% off, it will lose 2,000,000 if LAZADA launches the 50% off or lose 5,000,000 if LAZADA launches the 30% off. 1.Which strategy is dominated by SHOPEE depending on strategy of LAZADA? A. 50% OFF B. 40% OFF C. 20% OFF D. 30% OFF E. NONE 2.What should be the strategy of LAZADA? A. 50% OFF B. 40% OFF C. 30% OFF D. 20% OFFThe sensitivity of two parameters (P and n) for one project is evaluated by graphing the AW values versus percentage variation from the most likelyestimates. The curve for n has a slope very close to zero, while the P curve has a significant negative slope. One good conclusion from the graph is that:a. both PW and AW values are more sensitive to variations in P than n.b. the project should be rejected, since AW values vary with P and n.c. a better estimate of P needs to be made.d. the ROR is equally sensitive for both parameters.No need generalized answer ok need Correct Solution. PM.348.WC1 Project Risk Management Pls. answer this ;( INSTRUCTIONS Create a “starter” risk register using EXCEL for the two projects (A and BB described below. Include at least 6 risks for project A and at least 8 risks for project B. Project A Description Building a garden shed. This includes the design of the shed, sourcing all the materials required for construction, and putting all of the various pieces together to get the finished shed. Outcome A finished garden shed. Proposed Tasks There are going to be certain tasks that depend on others. You’re going to need to: • Get a set of blueprints for the shed and clear and prepare the area for construction • Source all of the materials for the construction • Prepare the foundation and start constructing the beams of the floor • Lay the floorboards • Construct the frames of the walls and raise and fit each of them • Frame the roof and attach the roofing • Fit in all the siding for…
- Suppose that you are planning to build a house in the country. It will be a brick, one-story structure of approximately 2,000 square feet, centrally heated and cooled. It will have three bedrooms, two bathrooms, a family room, a dining room, a kitchen with a breakfast nook, a study, a utility room, an entry foyer, a two-car garage, a covered patio, and a fireplace. Appliances will operate on electricity and propane fuel. You have received approval and can be connected to the coopera- tive water system at any time. Public sewerage services are not available; therefore, you must rely on a septic system. You want to know how long it will take to build the house. Assignment 1. In a group, identify the major activities involved in the project and sequence them in the proper order. 2. Estimate the time required for each activity. 3. Present your list of activities to the class and ask for comments and suggestions.How to solve descision tree using Analytical Solver for the assignment below Chelsea Bush is an emerging candidate for her party’s nomination for president of the United States. She now is considering whether torun in the high-stakes Super Tuesday primaries. If she enters the Super Tuesday (ST) primaries, she and her advisers believe that she will either do well (finishfirst or second) or do poorly (finish third or worse) with probabilities 0.4 and 0.6, respectively. Doing well on Super Tuesday will net the candidate’s campaignapproximately $16 million in new contributions, whereas a poor showing will mean a loss of $10 million after numerous TV ads are paid for. Alternatively, shemay choose not to run at all on Super Tuesday and incur no costs.Chelsea’s advisors realize that her chances of success on Super Tuesday may be affected by the outcome of the smaller New Hampshire (NH) primary occurringthree weeks before Super Tuesday. Political analysts feel that the results of New…A company is considering a new product launch. There is a 0.6 chance that demand for the product will be strong and a 0.4 chance that demand will be weak. Two strategies for the launch are possible: 1 has high promotion costs and a net cash outflow of K120 000 if demand proves to be strong, and if demand proves weak a net cash outflow of (K30 000) will result. Strategy 2 has low promotion costs and if demand is strong will generate a cash inflow of only K80 000 but with weak demand a net cash inflow of K20 000. Draw a decision tree and advise which course of action generates the greatest expected profit. What is the maximum amount that should be paid for market research to determine with certainty whether demand will be strong or weak?
- Carlisle Tire and Rubber, Inc., is considering expanding production to meet potential increases in the demand for one of its tire products. Carlisle’s alternatives are to construct a new plant, expand the existing plant, or do nothing in the short run. The market for this particular tire product may expand, remain stable, or contract. Carlisle’s marketing department estimates the probabilities of these market outcomes to be 0.25, 0.35, and 0.40, respectively. The file P06_31.xlsx (picture of given excel file is attached) contains Carlisle’s payoffs and costs for the various combinations of decisions and outcomes. Identify the strategy that maximizes this tire manufacturer’s expected profit. Perform a sensitivity analysis on the optimal decision, letting each of the monetary inputs vary one at a time plus or minus 10% from its base value, and summarize your findings. Which of the inputs appears to have the largest effect on the best solution?Maximus Steel plans to introduce one of three new products code-named: Wren, Hawk, and Nightingale. The marketing department indicated that the success of any product depends on the market conditions (Favorable, Neutral, or Unfavorable). The profit the company will earn also depends on the market conditions. The table below shows the probability estimated for each market condition and the profits Maximus Steel will realize within those conditions: Product Code Market Conditions Favorable P = 0.2 Neutral P = 0.7 Unfavorable P = 0.1 Wren $120,000 $70,000 ($30,000) Hawk $60,000 $40,000 $20,000 Nightingale $35,000 $30,000 $30,000 Maximus Steel is considering hiring a market research firm to do a survey to determine future market conditions. The results of the survey will indicate either positive or negative market conditions. There is a 0.60 probability of a positive report, given favorable conditions; a 0.30 probability of a positive…Maximus Steel plans to introduce one of three new products code-named: Wren, Hawk, and Nightingale. The marketing department indicated that the success of any product depends on the market conditions (Favorable, Neutral, or Unfavorable). The profit the company will earn also depends on the market conditions. The table below shows the probability estimated for each market condition and the profits Maximus Steel will realize within those conditions: Product Code Market Conditions Favorable P = 0.2 Neutral P = 0.7 Unfavorable P = 0.1 Wren $120,000 $70,000 ($30,000) Hawk $60,000 $40,000 $20,000 Nightingale $35,000 $30,000 $30,000 Part 1 Instructions: Develop the opportunity loss table and compute the expected opportunity loss for each product.