Homework Help: project management

Posted by Mary on Thursday, April 22, 2010 at 1:52am.

to accelerate a project by crashing will cost $20000, the change will have the following benefits: 25% chance of $15,000 benefit, 25% chance of $20,000 bebefit, 39% chance of $10,000 loss, 20% chance of no benefit. What is the weighted average benefit of making the change and would you recommend implementing the change

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