1. Bina Darulaman tendering for construction contracts know that they will not be successful all of the time and from experience recognise that they will only obtain a certain proportion of the work for which they tender. Suppose that the contractor believes that this proportion is 1 in 10 for a particular section of the industry. The probability that they will be successful with any one tender is 0.1 and the probability of failure is 0.9. To simplify the example- it is assumed that the size, duration and complexity of projects tendered for are similar. Tenders regularly cost RM8,000 to prepare and a profit of RM100,000 is commonly obtainable. You are required to conduct the expected monetary value (EMV) analysis for this company based on the followings:

1. To begin your analysis, first, draw the event in a rectangle for the event Successful tender or Unsuccessful tender. Each option will lead to two events or chances success or failure branching out from the chance nodes.

ii. Provide your calculation and justification on Bina Darulamans expected monetary value (EMV).

During risk management planning, your team has identified three risks with probabilities of 10%, 50%, and 35%. If the first two risks occur, they will cost you 5,000 USD and 8,000 USD; however, the third risk will give you 10,000 USD if it occurs. Determine the expected monetary value of these risk events.

1. During the recent pandemic crisis outbreak, all students are given long break from school. Ahmad is a healthy, 16-year-old boy who decided to go for temporary employment during the break to help with his family financial situation. He manages to secure a kitchen job in a restaurant in the city where he lives. His working hours is 8 p.m to 11 p.m every day, with an hourly pay of RM3.50/hour. His main job involves cleaning the kitchen, which include cleaning the dishes, pots, and pans, and he will be the only one doing this job. To do the job properly, he needs to soak all pots and pans in a powerful chemical cleaning solution. He uses long, industrial grade kitchen gloves to protect his hands and arms. One night, as Ahmad was trying to lift three large pans out of the cleaning solution at once, the pans slipped out of his hands and fell back into the solution. It caused the solution to splash all over the side of his face and some got into his eye. Due to this accident, Ahmads eyesight was severely damaged, causing him to be temporarily blind in one eye. The injury lasted for two weeks. Ahmad was lucky, he got his eyesight back. He quits the job soon after the injury, thinking that it was indeed a dangerous job for a boy of his age.

1. Identify the occupational and safety hazard(s) in this case.
2. In the first place, what could be done by Ahmad to prevent the accident?
3. Has the employer violated any regulations stipulated by the Law for youth employment? Explain your answer