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One of your vendors has just stated that there is a 25% chance that due to limited supply they might end up delivering your raw
One of your vendors has just stated that there is a 25% chance that due to limited supply they might end up delivering your raw materials two weeks late and the cost may increase by 10% what should you do. a. Calculate the EMV b. add additional funds to the contingency reserve c. monitor the risk d. update the risk register
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Quantitative Credit Portfolio Management
Authors: Arik Ben Do, Lev Dynkin, Jay Hyman, Bruce D. Phelps
1st Edition
1118117697, 978-1118117699
