DO NOT NEED PLEASE DELETE d. You can accomplish any one of the following at an a

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DO NOT NEED PLEASE DELETE

d. You can accomplish any one of the following at an additional cost of $1,500. If you will save $1,000 for each day that the earliest completion time is reduced, which of the following actions should be taken, if any? 1. Reduce job 5 by two days O Yes ONo 2. Reduce job 3 by two days. O Yes O No 3. Reduce job 7 by two days Yes O No e. What is the probability that the project will take more than 30 days to complete? (Use Excel's NORMSDIST() function to find the correct probability for your computed Z-value. Other than the expected completion time you entered in part c above, do not round intermediate calculations. Round "z" value to 2 decimal places your final answer to 4 decimal places.) Probability

Explanation / Answer

1. NO

2 YES JOB 3 BY 2 DAYS CORRECT JOB 3 CAN BE REDUCED AT AN ADDITIONALCOST OF $1500 FOR TWO DAYS IT EANS PER DAY REDUCTION TO JOB $750(1500/2) THE REDUCTION SAVES $1000 PER DAY WHICH IS GREATER THAN $750

3 NO

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