Shared risk with an internal or external business partner

Assignment Help Operation Management

Reference no: EM131142808

Describe a decision situation in which you have shared risk with an internal or external business partner. What were the conditions of the shared risk? Explain why the arrangement was successful or not.

Reference no: EM131142808

Questions Cloud

Supply contracts to optimize the supply chain network : Supply chain management develop many supply contracts to optimize the supply chain network. What supply contract type allows buyers to return product for a full refund? Procurement strategies for commodity products such as electrical, steel, oil and ..

All of your teammates are dedicated to the project : All of your teammates are dedicated to the project. They put in the time and effort to complete their individual assignments and to be adequately prepared for team meetings. However, this time and effort does not seem to translate into effectively sh..

Window covering business : I had a friend that had a window covering business. They would actually move to areas where there were lots of new housing being built. They felt that living in the area would help them get more customers and their business was dependent of the housi..

The moving-average forecast : The moving-average forecast is very helpful in many industries in smoothing out demand. We use this method for some of our piece parts that are used in many different products. We want to try and order the same quantity each month and this forecast t..

Shared risk with an internal or external business partner : Describe a decision situation in which you have shared risk with an internal or external business partner. What were the conditions of the shared risk? Explain why the arrangement was successful or not.

Describe your risk profile-risk seeking and risk neutral : Describe your risk profile—risk seeking, risk neutral, or risk averse. What are the pitfalls of your risk attitude? How can knowing your manager’s desirability curve come in handy during the decision-making process?

Defined as based on the life of the product : Discuss the ethics of the situation where a lifetime warranty is defined as based on the “life of the product.” Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics.

Major differences between sparta and athens : Characterize the major differences between Sparta and Athens, including your view of the strengths and weaknesses of each. Which do you think reflected qualities necessary to the maintenance of present-day democracies, and why?

Decide between two machines : A manager must decide between two machines. The manager will take into account each machine’s operating costs and initial costs, and its breakdown and repair times. Machine A has a projected average operating time of 130 hours and a projected average..

User Account

All Pages