XYZ, a large philanthropic organization, has the following policy regarding requests for XYZ funds. Any organization that has submitted a...
GMAT Two Part Analysis : (TPA) Questions
XYZ, a large philanthropic organization, has the following policy regarding requests for XYZ funds.
- Any organization that has submitted a request for funds to XYZ must receive a response no later than 4 months after receipt of the request by XYZ.
- The response must take the form of a granting of the request, a rejecting of the request, or a solicitation for further information.
- Such further information, when solicited, must be received by XYZ no later than 5 months after receipt of the solicitation by the organization; otherwise the request for funds will be rejected.
- Once such further information has been received by XYZ, XYZ will reconsider the request as if it were a new submission, beginning with Step 1 above.
For a request for funds that has been granted in accord with this policy, select the maximum amount of time between receipt of the initial request by XYZ and the granting of the request, given that no solicitation for further information was made by XYZ, and select the maximum amount of time, given that exactly one solicitation for further information was made by XYZ. Make only two selections, one in each column.
Phase 1: Owning the Dataset
Visualization Selection
This is a time-based process problem, so we'll use a timeline to track the maximum durations at each step.
Timeline Visualization
Scenario 1: No Solicitation
Time 0 ----[XYZ receives request]----[4 months max]----[Grant/Reject]
Scenario 2: One Solicitation
Time 0 ----[Initial request]----[4 months max]----[Solicitation sent]
|
v
[Organization has 5 months max]
|
v
[Info received by XYZ]
|
v
[Process restarts - 4 months max]
|
v
[Grant/Reject]
Phase 2: Understanding the Question
Breaking Down the Policy
Let's clarify the key rules:
- XYZ must respond within 4 months of receiving any request
- Response options: grant, reject, or solicit more info
- If info is solicited, organization has 5 months to submit it
- Once info is received, the process restarts as a new submission
What We're Looking For
- Column 1: Maximum time with NO solicitation
- Column 2: Maximum time with EXACTLY ONE solicitation
Phase 3: Finding the Answer
Scenario 1: No Solicitation
If no solicitation is made, XYZ must respond with either a grant or rejection within 4 months.
Maximum time from initial request to grant = 4 months
Scenario 2: One Solicitation
Let's trace the maximum timeline:
- Initial request to solicitation: XYZ takes the maximum 4 months to respond with a solicitation
- Organization response time: Organization takes the maximum 5 months to submit additional info
- Final XYZ response: After receiving the info, XYZ treats it as a new submission and takes the maximum 4 months to grant
Total maximum time = \(4 + 5 + 4 = 13\) months
Phase 4: Solution
Our answers are:
- No solicitations for further information: 4 months
- One solicitation for further information: 13 months
These represent the maximum possible times from initial request to grant under each scenario, assuming all parties use the full time allowed at each step