a) Explain the purpose of the AS/NZ ISO 9000 series of standards in relation to quality management (no more than 300 words). (40 marks) b) An equipment contract requires that the client will pay fixed payments of $90,000 at the end of each month over the period of 3 years. The prevailing interest rate is 5.0% per annum. What is the present value of the equipment? (45 marks) c) Explain the four major documents which would typically be used in a quality system (no more than 300 words)