Question: If the probability of a super- event decreases, what happens to the likelihood of needing multiple suppliers?

If the probability of a “ super- event” decreases, what happens to the likelihood of needing multiple suppliers?

Step by Step Solution

★★★★★

3.38 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

As the probability of a super event decreases the likelihood of needing mult... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

286-B-M-L-O-M (2528).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

Q:

If the probability of a loss contingency is remote, is it necessary for a firm to accrue or disclose it? Explain.

Q:

If the probability of a snowstorm in July is .004, and the probability you will score an A in algebra is .75, then what is the probability of a snowstorm in July or an A in algebra?

Q:

If the probability of a super- event increases, does the unique- event risk increase or decrease in importance? Why?

Q:

Topic 3 Assignment: The impact of Covid 19 on the supply chain Questions: 1. In terms of risk to the supply chain, (a) What is the difference between unique-event risk and super-event" risk? (b) Is...

Q:

What is the difference between "unique - event" risk and "super - event" risk? If the probability of a "super - event" increases, does the "unique - event" risk increase or decrease in importance?...

Q:

If the probability of a super-event decreases, what happens to the likelihood of needing multiple suppliers? lop6

Q:

If the probability of a super-event decreases, what happens to the likelihood of needing multiple suppliers?

Q:

impact of covid 19 on the supply chain 3. In terms of risk to the supply chain, if the probability of a super-event decreases, what happens to the likelihood of needing multiple suppliers? (Hint:...

Q:

If the probability of a super-event decreases, what happens to the likelihood of needing multiple suppliers? Describe in detail with examples

Q:

The manager should use 2 suppliers ( option b ) to minimize the overall risk and cost. With a 5 % probability of a super - event affecting all suppliers simultaneously, having two suppliers reduces...

Q:

A grand jury indicted Automated Medical Laboratories, Inc. (AML), Richmond Plasma Corporation (RPC) (a wholly owned AML subsidiary), and three former RPC managers for engaging in a conspiracy that...

Q:

WTO favors the trend in globle bussiness toward deregulation

Q:

P4.16 Figure P4.16 shows the model of a two-tank system containing a heated liquid, where T01s2 is the temperature of the fluid flowing into the first tank and T21s2 is the temperature of the liquid...

Q:

The following data is provided: Monthly returns which include those for three assets classes for? the six-year period to the end of December 2013. The Cape Retirement Fund may only invest in the...

Q:

A spreadsheet supplement is available on Canvas. Most calculations, and explanations of calculations, can be provided as exhibits to your writeup. Please remember to post only PDF files to Canvas. |...

Q:

What is tragedy of common?

Q:

what is iso 14001

Q:

Research a company that manufacturers a product and assist them in how you would go about to forecast their production for the coming year. Please explain and discuss the following in relation to...

Q:

An agreement to lease a car can be thought of as a set of derivative contracts. Describe them.

Q:

When is the application of a multidomestic strategy most appropriate? What kind of industries can this be applied to? lop1

Q:

You are about to establish your own business; your strategy is to focus on your core business and outsource the customer service to an external service provider to handle the customers requirement...

Q:

As an operations management student, you have been hired by a local restaurant to perform a factor-rating analysis to help the restaurant choose an outsourcing provider. You have identified three...

Q:

The population proportion of CEO's for large multi-national corporations with extreme stress levels is denoted by p. A random sample of 80 CEO's was tested and it was found that 6 had extremely high...

Q:

//FIX dedupeChars method import java.util.Scanner; public class Recursion { public static int fib(int n) { if (n == 0) { return 0; } else if (n == 1) { return 1; } else { return fib(n-1) + fib(n-2);...

Q:

El inters devengado sobre un documento por cobrar es el inters devengado al final del ao pero que an no se ha recibido. Verdadero o falso