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Bloom's Jeans is searching for new suppliers, and Debbie Bloom, the owner, has narrowed her choices to two sets. Debbie is very concerned about supply
Bloom's Jeans is searching for new suppliers, and Debbie Bloom, the owner, has narrowed her choices to two sets. Debbie is very concerned about supply disruptions, so she has chosen to use three suppliers no matter what. For option 1, the suppliers are well-established and located in the same country Debbie calculates the unique event risk for each of them to be 3% She estimates the probability of a nationwide event that would knock out all three suppliers to be 2.2% For option 2, the suppliers are newer but located in three different countries. Debbie calculates the unique event risk for each of them to be 19% She states The "super-event probability that would knock out all three of these suppliers to be 0.3% Purchasing and transportation costs would be $1.050.000 per year using option 1 and $1.000.000 per year using option 2 A total disruption would create an annualized loss of $520,000 a) The probability that all three suppliers will be disrupted using option 1 is b) The probability that at three suppliers will be disrupted using option 2 is round your response to five decimal places round your response to five decimal places) The total annual purchasing and transportation cost plus expected annualized disruption cost for option 1 is $(round your response to the nearest whole number) d) The total annual purchasing and transportation cost plus expected annualized disruption cost for option 2 is $ (round your response to the nearest whole numbers e) Based on the total annual purchasing and transportation cost plus expected annualized disruption cost, seems best option 1 Bioon's Jeans is searching for one suppliers, and Debbie Bloom, the owner, has narrowed her choices to two sets, Detible is very concerned about supply disruptons, so she has chosen to use three suppliers no matter what For option t the supplers are well-established and located in the same country. Debbie calculates the "unique event k for each of them to be 3% the estimates the probabaty of a nationwide event that would knock out all the suppers to 2.2%. For opton 2. the suppliers are newer but located in three different countries Detele calculates the unique-event risk for each of them to be 19% She estimates the "super-event probability that would knock out all three of these suppliers to be 0.2% Purchasing and transportation costs would be $1,000,000 per year using conon 1 and $1,000,000 per year using opeon 2. A total disruption would create an annualized loss of $520000 a) The probability that all three suppliers will be disrupted using option 1 is The probability that all evee suppliers will be disrupled using option 2 is ound your response to five decimal places pound your responce to five decimal places c) The total annual purchasing and transportation cost plus expected annualized disruption cost for option 1 is 5 round your response to the nearest number d) The total annual purchasing and transportation cost plus expected annualized disruption cost for option 2 is $ Based on the total annual purchasing and transportation cost plus expected annualized disruption cost, (round your response to the nearest whole number seems best Bloom's Jeans is searching for new suppliers, and Debbie Bloom, the owner, has narrowed her choices to two sets. Debble is very concerned about supply disruptions, so she ham the suppliers are well-established and located in the same country. Debbie calculates the "unique-event risk for each of them to be 3%. She estimates the probability of a nationw 2.2%. For option 2, the suppliers are newer but located in three different countries. Debbie calculates the "unique-event risk for each of them to be 19%. She estimates the "super suppliers to be 0.3% Purchasing and transportation costs would be $1,050,000 per year using option 1 and $1,060,000 per year using option 2. A total disruption would create an a) The probability that all three suppliers will be disrupted using option 1 is b) The probability that all three suppliers will be disrupted using option 2 is (round your response to five decimal places). (round your response to five decimal places). c) The total annual purchasing and transportation cost plus expected annualized disruption cost for option 1 is $(round your response to the nearest whole number) d) The total annual purchasing and transportation cost plus expected annualized disruption cost for option 2 is $ e) Based on the total annual purchasing and transportation cost plus expected annualized disruption cost, (round your response to the nearest whole number) seems best her choices to two sets. Debbie is very concerned about supply disruptions, so she has chosen to use three suppliers no matter what. For option 1, unique-event risk for each of them to be 3%. She estimates the probability of a nationwide event that would knock out all three suppliers to be calculates the "unique-event risk for each of them to be 19%. She estimates the "super-event" probability that would knock out all three of these sing option 1 and $1,060,000 per year using option 2. A total disruption would create an annualized loss of $520,000. response to five decimal places). response to five decimal places). cost for option 1 is $(round your response to the nearest whole number). cost for option 2 is $ (round your response to the nearest whole number). disruption cost, seems best
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