Management decision problems are not encountered by government agencies or non-profit organizations.       a. True     b. False

Group decision is absolutely better in all case compared to individual decisions Select one: O True O False

Management Decision Systems (MDS) is a consulting company that specializes in the development of decision support systems. MDS has a four-person team working on a current project with a small company to set up a system that scrapes data from a collection of websites and then automatically generates a report for management on a daily basis.       Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation   2 9 13 B Web scraping   6 10 12 C Testing A, B 1 1 1 (a) Construct the project network. (Submit a file with a maximum size of 1 MB.) This answer has not been graded yet. (b) Based solely on the critical path, estimate the probability that the project will be complete within 12 weeks. (Round your answer to four decimal places.)   (c) Using all paths through the project network, estimate the probability that the project will be complete within 12 weeks. (Round your answer to four decimal places.)   (d)…

d. What is XY Manufacturing Company optimal decision strategy?e. What is the expected value of the market research information?f. What is the efficiency of the information?