Question: all previous answers are correct Sox Engineering designs and constructs air conditioning and heating (HVAC) systems for hospitals and clinics. Currenty the company's staff is

all previous answers are correct all previous answers are correct Sox Engineering designs and constructs air conditioning

Sox Engineering designs and constructs air conditioning and heating (HVAC) systems for hospitals and clinics. Currenty the company's staff is overloaded with design work. There is a major design project due in 7 weeks. The penalty for comploting the design late is $14,000 per week, since any delay will cause the tacility to open later than anticipated, and cost the clent significant revenue. If the company uses its inside ong noets to complete the design, if will have to pay them overtime for all work. Sox has estimated that it will cost $12,000 per week (wages and overhead) inctuding tale weeks, lo have company engineers complete the design. Sox is also considering having an outside engineering firm do the design A bid of $95,000 has been received for the completed design. Yet another option lor completing the design is to conduct a joint design by having a third engineering company complete all electromechanical components of the design at a cost of 556,000 . Sox would then complete the rest of the design and control systems at an estimated cost of \$28.000 Sox has estimated the following probabilites of comploting the proiect within various time frames whien using each of fhe three options. Those estimates are shown in the following table The expected monetary value using inside engineers to complote the design is $ (Ender your response as an intoper) The expected monetary value using an outside ongineering firm to complete the design is 5 (Entor your response as an integer) The expected monetary value of conducting a jont design is: (Enter your response as an integer)

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