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Sex Enginoering dosigns and constructs air conditioning and heating (HVAC) systems for hospitals and clines. Currentiy the company's staf is overiosded with design work. There

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Sex Enginoering dosigns and constructs air conditioning and heating (HVAC) systems for hospitals and clines. Currentiy the company's staf is overiosded with design work. There is a majar design project due in 8 weeks. The penaly tor completing the design late is $15,000 por week, since any delay will cause fhe lackly to open later than antipipated, and cost the dient significant revenue. if the compeny uses its inside engineers to complete the design, a will heve to pay them overtme for all work, Sox has estmalod that it will cost 513 , 000 per week (wapes and ovetieas), indudirg late weeks, to have company engineers complete the design. Sax is blse considering having an outide engineering ferm do the dosign. A bid of sas,000 has been received for the completed design. would then complete the rost of the design and contro sysiers at an estmaled cost of 528,000 . Sox has evermated the following probabifics of compiesing the peoject within varous time frames when using each of the three opsens. Those estimates are shown in the following table: The expected monetary value using inside engineers to complete the design is 1 (Enter your mosponse as an integer) The expected monetary value using an eutside engineering frm to complete the design is $ (Fiter your maponse as an integer). The expected monetary value of conducting a joirt design is & (Enter your response as an integer) What is the best docition based on an expocted monetary value crierion? Extemal engneering firm Joint design Iternal engmeers

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