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Jack Byer is evaluating two sets of very similar suppliers. One set of suppliers, Storm Set is well established in a port city, but the
Jack Byer is evaluating two sets of very similar suppliers. One set of suppliers, Storm Set is well
established in a port city, but the port is hurricane susceptible, meaning there is a probability
of a supereventa storm but a unique event probability of only However, Inland Set
has a superevent probability of and a unique event probability of Purchases cost
for Storm Set is $ and $ for Inland Set. However, any disruption will double the
cost to $ and $ respectively. Storm Set has suppliers and Inland Set has
suppliers. Given these costs and probabilities which Set seems best?
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