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You are working as accountant at Batelco Company, and you are asked to use the time-based model to evaluate and improve the security of
You are working as accountant at Batelco Company, and you are asked to use the time-based model to evaluate and improve the security of the company's system. The following data were available: (6 Points) The current security system: Preventive control (P) 50 Minutes Detective control (D) 30 Minutes Corrective control (C) 30 Minutes The company has four alternative measures to improve its security system with the same cost of $1,000,000. The improvements provided by each measure are as following: Measure I would increase P by 25 minutes. Measure 2 would decrease D by 15 minutes. Measure 3 would decrease C by 20 minutes. Measure 4 would increase P by 7 minutes and reduce C by 15 minutes. Required: (Show your calculations below):
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