Suppose that a production manager needs to complete 8 tasks. In this example, due to new and improved technology, the manager can work on the tasks simultaneously (at the same time). All task durations are Exponentially distributed with a mean of 1 hour, and they are statistically independent of each other.

The manager is done once all 8 tasks are completed.

For example, if the tasks are A, B, C, D, E, F, G, and H, all tasks start at the same time (Time = 0), and are completed when all tasks are completed. Develop a simulation model to answer these questions. Develop your analysis so that the 99.73% Margin of Error for the Confidence Interval is less than 0.2.