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Your company is considering submitting a bid on a major project.You determine that the expected completion time is 100 weeks and the standard deviation is 10 weeks.It is assumed that the normal distribution applies.You wish to set the due date for the project such that there is an 85 percent chance that the project will be finished by this time.What due date should be set?
Utility
The complete fulfillment experienced when consuming a product or service.
Marginal Utility
The extra pleasure a customer receives from consuming an additional unit of a product or service.
Total Utility
The total satisfaction received by consuming a particular amount of goods or services.
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