Given the following information regarding a project involving an initial public offering (IPO):
Activities Description Duration (weeks) Predecessors
a. Check feasibility 3 —
b. Determine funding 1 —
c. Find possible banks 3 a
d. Select two possible 4 a
e. Interview two banks 4 b
f. Analyze funding costs 5 b
g. Determine chance of success 2 c ,e
h Sign contract 3 f
a) Draw the network.
b) What is the critical path?
c) Calculate the float for each activity.
d) What is the effect on the project if activity e (approvals) takes an extra week? Two extra weeks? Three extra weeks?

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.