A small construction project involves the following activities: Normal Crash Activity Time (days) Cost (Sh.) Time (days) Cost (Sh.) 1-2 1-3 2-4 3-4 3-5 4-5 Clear […]

Explain the following terms as used in decision analysis. (a) decision making under risk versus uncertainty. (4 marks) (b) decision trees versus probability trees (4 marks) […]

A small company will be introducing a new line of lightweight bicycle frames to be made from special aluminum alloy and steel alloy. The frames will […]

Internal control systems are designed, amongst other things, to prevent error and misappropriation. Required: Describe the errors and misappropriations that may occur if the following are […]

The monthly electricity bill at the Chez Paul Restaurant over the past 12 months has been as follows: Month Amount (Sh.) December January February March April […]

An increasing number of organizations operate sophiscated corporate planning models. Quite often these models feature integrated models for the production, marketing and finance sub-systems. While linkage […]

(a) Briefly explain each of the following distributions indicating whether it is a discrete or a continuous distribution. (i) Binomial distribution (3 marks) (ii) Poisson distribution […]

Write explanatory notes on the taxes listed below and in each case indicate whether the tax complies with the main principles of a good tax system. […]

Kalamuka Maize Millers Limited purchased a building on 1 January 2005, for Sh.4,000,000. It was brought into use on the same day. The sellers construction cost […]