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Shelton Manufacturing operates two manufacturing facilities. It is considering purchasing new machinery that will reduce the time and energy required to produce its products. While
Shelton Manufacturing operates two manufacturing facilities. It is considering purchasing new machinery that will reduce the time and energy required to produce its products. While the new machinery will require a significant capital expenditure and require the facilities to close for a few days, it will ultimately result in increased quantity and quality of its products with reduced costs. After analyzing the risks, Shelton Manufacturing has decided to replace the machinery at one facility in the current year and at the other facility the following year. Which one of the following risk treatments did Shelton Manufacturing decide to apply? Available answer options Select only one option A Modify the impact of the risk B Transfer the risk C Retain the risk D Exploit the risk
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