9. Using the information provided below, construct a simple WBS for the project. (5 marks) Project OutlineRemodeling an Appliance I.Research Phase A. Prepare product development proposal 1. Conduct competitive analysis 2. Review field sales reports 3. Conduct technological capabilities assessment B. Develop focus group data C. Conduct telephone surveys D. Identify relevant specification improvements II. Design and Engineering Phase A. Interface with marketing staff B. And so on III. Testing Phase IV. Manufacturing Phase V. Sales Phase

8. Inatech is contemplating two different projects and decides to perform a financial analysis to determine which is more financially lucrative. Project A and B have the cash flows as shown and Inatech uses a required rate of return of 8%. Compute the internal rate of return for both projects to determine which is worth of funding. (7.5 marks) Year 0 1 2 3 4 5 A -$500,000 $260,000 $170,000 $125,000 $75,000 $25,000 B -$400,000 $200,000 $100,000 $100,000 $50,000 $25,000