HI Could You Please Find the solution for these two questions Supply risk for valves DynoRammakeshydraulicramsfortheminingindustryinAustralia ItobtainsavalvecomponentfromasuppliercalledSytocinSingapore Thevalvescost250Singaporedollarseachandthecompanyusesbetweeen450and500oftheseeachyear Thereareminordifferencesbetweencalbeswithatotalof25differenttypesbeingusedbyDynoRamn Sytocdeliversthevalvesbyairfreight,typicallyabout48hoursaftertheorderisplaced Deliveriestakeplaceupto10timesamonthdependingontheproductionscheduleatDynoRam Becauseofthesizeoftheorder,Sytochasagreedalowpriceonconditionthataminimumof30valvesareorderedeachmonth Onthe10thofeachmonth(orthenextworkingday)DynoRampaysinadvancefortheminimumof30valvestobeusedduringthatmonthandalsopaysforanyadditionalvalves(above30)usedduringthepreviousmonth Give one example of market risk, credit risk, operational risk and business risk that could apply for DynoRam in Relation to the Sytoc arrangement For each of the risks identified in part (a) suggest a management action wich would have the effect either of reducing the Probability of the risk event or minimizing the adverse consequences a Give one example of market risk, credit risk, operational risk and business risk that could apply for DynoRam in Relation to the Sytoc arrangement b Foreachoftherisksidentifiedinpart(a)suggestamanagementactionwichwouldhavetheeffecteitherofreducingtheProbabilityoftheriskeventorminimizingtheadverseconsequences Product form for heat map Suppose that the risk level is calculated as the expected loss and that the likelihood are converted into probabilities over a 20 year preiod as follows very likely 0 9 likely 0 7 moderate 0 4 unlikely 0 2 and rare 0 1 Find a set of dollar losses associated with the five different magnitudes of impact such that the expected losses are ordered in the right way for figure 1 1 in other words, so that the expected losses for a risk level of low are always lower than the expected losses for a risk level of high Which in turn are lower than the expected losses for a risk level of extreme You should set the lowest level of loss(insignificant) as $10000

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Could You Please Find the solution for these two questions

Supply risk for valves

DynoRammakeshydraulicramsfortheminingindustryinAustralia.ItobtainsavalvecomponentfromasuppliercalledSytocinSingapore.Thevalvescost250Singaporedollarseachandthecompanyusesbetweeen450and500oftheseeachyear.Thereareminordifferencesbetweencalbeswithatotalof25differenttypesbeingusedbyDynoRamn.Sytocdeliversthevalvesbyairfreight,typicallyabout48hoursaftertheorderisplaced.Deliveriestakeplaceupto10timesamonthdependingontheproductionscheduleatDynoRam.Becauseofthesizeoftheorder,Sytochasagreedalowpriceonconditionthataminimumof30valvesareorderedeachmonth.Onthe10thofeachmonth(orthenextworkingday)DynoRampaysinadvancefortheminimumof30valvestobeusedduringthatmonthandalsopaysforanyadditionalvalves(above30)usedduringthepreviousmonth.
Give one example of market risk, credit risk, operational risk and business risk that could apply for DynoRam in Relation to the Sytoc arrangement
For each of the risks identified in part (a) suggest a management action wich would have the effect either of reducing the Probability of the risk event or minimizing the adverse consequences
a. Give one example of market risk, credit risk, operational risk and business risk that could apply for DynoRam in Relation to the Sytoc arrangement
b.Foreachoftherisksidentifiedinpart(a)suggestamanagementactionwichwouldhavetheeffecteitherofreducingtheProbabilityoftheriskeventorminimizingtheadverseconsequences

Product form for heat map

Suppose that the risk level is calculated as the expected loss and that the likelihood are converted into probabilities over a 20-year preiod as follows: very likely = 0.9; likely = 0.7; moderate; = 0.4; unlikely = 0.2; and rare= 0.1. Find a set of dollar losses associated with the five different magnitudes of impact such that the expected losses are ordered in the right way for figure 1.1: in other words, so that the expected losses for a risk level of low are always lower than the expected losses for a risk level of high. Which in turn are lower than the expected losses for a risk level of extreme You should set the lowest level of loss(insignificant) as $10000?