Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.1) Mr Ramatsetse, a project manager of a project consulting (Pty) Ltd is responsible for the supervision of the project workers carrying out two projects

image text in transcribedimage text in transcribed

1.1) Mr Ramatsetse, a project manager of a project consulting (Pty) Ltd is responsible for the supervision of the project workers carrying out two projects (i.e. Projects A and B) within the Gauteng Province. Projects A and B supervised by Mr Ramatsetse are carried out by 35 male and 15 female, and 21 male and 9 female workers at Germiston and Pretoria respectively. If the first worker that Mr Ramatsetse spot and he need to introduce to the Head Project Manager during a project progress feed-back meeting, held at their head office is a male; a. What is the probability that the worker he spot is from Germiston? (5) b. If the first worker that Mr Ramatsetse spot and he need to introduce to the Head Project Manager during a project progress feedback meeting, held at their head office is a female; what is the probability that the worker he spot is from Pretoria? (5) 1.2) Tebogo Electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Mr Victor, who is responsible for advising the president of Tebogo Electronics on electronic manufacturing equipment, has developed the following table concerning a proposed facility: FAIR MARKET POOR MARKET Profit (Rand) STRONG MARKET 650 000 400 000 160 000 179 000 -330 000 -120 000 Large Facility Medium-sized Facility Small Facility No Facility 280 000 0 150 000 0 -52 000 0 (2) a. What type of decision making environment is Tebogo Electronics subjected to in this problem? b. What is the optimal decision if Tebogo Electronics is optimistic? (2) c. What is the optimal decision if Tebogo Electronics is pessimistic? (2) 1.1) Mr Ramatsetse, a project manager of a project consulting (Pty) Ltd is responsible for the supervision of the project workers carrying out two projects (i.e. Projects A and B) within the Gauteng Province. Projects A and B supervised by Mr Ramatsetse are carried out by 35 male and 15 female, and 21 male and 9 female workers at Germiston and Pretoria respectively. If the first worker that Mr Ramatsetse spot and he need to introduce to the Head Project Manager during a project progress feed-back meeting, held at their head office is a male; a. What is the probability that the worker he spot is from Germiston? (5) b. If the first worker that Mr Ramatsetse spot and he need to introduce to the Head Project Manager during a project progress feedback meeting, held at their head office is a female; what is the probability that the worker he spot is from Pretoria? (5) 1.2) Tebogo Electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Mr Victor, who is responsible for advising the president of Tebogo Electronics on electronic manufacturing equipment, has developed the following table concerning a proposed facility: FAIR MARKET POOR MARKET Profit (Rand) STRONG MARKET 650 000 400 000 160 000 179 000 -330 000 -120 000 Large Facility Medium-sized Facility Small Facility No Facility 280 000 0 150 000 0 -52 000 0 (2) a. What type of decision making environment is Tebogo Electronics subjected to in this problem? b. What is the optimal decision if Tebogo Electronics is optimistic? (2) c. What is the optimal decision if Tebogo Electronics is pessimistic? (2)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting Volume 2

Authors: Thomas H. Beechy, Joan E. Conrod, Elizabeth Farrell, Ingrid McLeod-Dick, Kayla Tomulka, Romi-Lee Sevel

8th Edition

1260881245, 9781260881240

More Books

Students also viewed these Accounting questions