1.A network consists of the following list. Times are given in weeks.
Activity
A
B
C
D
E
F
G
H
I
J
K
Preceding
-A
A
A
B
B
C, F
D
H
G, I
E, J
Duration
9
2
12
5
6
8
3
2
8
6
2
a.
Draw the network diagram.
b.
Which activities form the critical path?
paths A-D

Sol: (1) (a) Sample mean = 2.33
(b) Sample standard deviation = 1.10
(c) 99% confidence interval for the population mean = (1.34, 3.32)
Sol: (2)
(a) The probability that the drink is less than 11.4 fluid ounces is 0.2525.
(b) The probability that the drin

PROBLEM 5-1
Thought Question: Explain how a firm might use the divisional WACC approach to avoid
underinvesting in divisions with more risky projects and over-investing in divisions with less
risky projects.
Answer:
Solution Legend
= Value given in proble

SUMMER 2, AY 2015-2016
ASSIGNMENT 2
BUSN 401-Quantitative Techniques in Business & Management
Due Date to be uploaded in the portal: August 13, 2016
Students Name
ID Number
1. A large number of manufacturer purchases an identical component
from three inde

On March 1, 2014, Dick Miles purchased a suit at Kenny's Fine Apparel Store. The suit cost $600 and
Dick used his Kenny credit card. Kenny charges 2% per month interest if payment on credit charges is
not made within 30 days. On April 30, 2014, Dick had n

Sol: (1)
The question asks for the optimal number of calculators, so my variables will stand for that:
x: number of scientific calculators produced
y: number of graphing calculators produced
Since they can't produce negative numbers of calculators, I have

a) Plot each of the functions for x = 40 to x = 80.
b) Calculate the slope of each function at x = 60. State the interpretation of the slope.
= 153.90 + 1.96 and the slope is 1.96, constant, at all values of x. For each extra $1,000 in annual
income ther