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You have $1,000,000 at your disposal. Your task is to decide how to allocate these funds between the two activities described above, mmittee of the

You have $1,000,000 at your disposal. Your task is to decide how to allocate these funds between the two activities described above, mmittee of the engineering department has conducted basic analyses and concluded that a reasonable range for the cost of the preliminary testing is between $300,000 and $700,000, depending on the number of tests conducted. The committee also concluded that a reasonable range for the cost of hiring talented scientists is als between $300,000 and $700,000, depending on the number of scientists hired. It is entirely up to you to determine how to allocate the funds between the two activities as long as the sum of the funds allocated to the two activities equals $1,000,000. Please allocate your investment: Invest $ Invest $ in conducting preliminary tests. in hiring talented scientists.
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You have 51,000,000 ar your cisposal. Your task is to decide how to allocute these funds between the rwo activities described above. A committee of the engineering department has conducted busic analyses and conchaded that a reasonable range for the cost of the preliminary lesting is berween $300,000 and $700,000, depending on the number of tests conducted. The commitiee also concloded that a reasonable range for the cost of hiring talented scientists is al between $3,00,000 and $700,000, depending on the number of scientists hired. It is entircly up to you fo determine how to allocate the funds between the two activities as lony as the sum of the funds allocated to tho two activities equals $1,000,000. Please allocate your investinent: livest $ in conducting preliminary tests. Inves $ in hiring tatented selentists

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