Perform a risk analysis to determine the expected profit or (loss) from a project which has four possible disjoint outcomes:
Outcome A shows a profit of $340,000 and has a probability of 0.25
Outcome B shows a profit of $120,000 and has a probability of 0.40
Outcome C shows a loss of $40,000 and has a probability of 0.10
Outcome D shows a profit of $100,000 and has a probability of 0.25
The leader in the quality movement who recommended that organizations ''eliminate numerical quotas for the work force and numerical goals for management.'':
The quality leader responsible for the term Total Quality Management (TQM):
