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Suppose that the manager of a company has estimated the probability of a super-event sometime during the next three years that will disrupt all suppliers as 2%. In addition, the firm currently uses four suppliers for its main component, and the manager estimates the probability of a unique-event that would disrupt one of them sometime during the next three years to be 20%. Supplier management costs during this period are $50,000 per supplier. The financial cost incurred if all four suppliers are disrupted at the same time is estimated to be $10,000,000. What is the expected monetary value (cost) of the current supplier diversification arrangement?
Go to the Agency for Healthcare Quality and Research (AHRQ) Web site and identify at least two reports related to AHRQ’s funding of regional health information networks. Report on the progress of the two networks funded by AHRQ. Check to see whether ..
Explain the process of an internal audit and how an organization can identify their strengths
This week, using your homework assignment from last week (your proposal you wrote for your supervisor on whether to purchase the training modules you evaluated), create two evaluation instruments for one of the training modules that you reviewed last..
critically reflect on the importance of the risk and return balance. consider the followinga can we ever have any
After going through the uploaded online reading materials, look for and watch the movie entitled "In the heart of the Sea" starring Chris Hemsworth; After watching the movie, identify and choose at least 3 scenes in the movie that is related to busin..
You are a program manager and one of your subcontractors is in trouble and has indicated they may miss a key deliverable due to staffing shortages. What questions would you ask and what actions can you take to prevent this subcontractor's deliverable..
Ajou Inc. produces two types of cotton cloth-denim and corduroy. Corduroy is a heavier grade of cotton cloth and, as such, requires 7.5 pounds of raw cotton per yard, whereas denim requires 5 pounds of raw cotton per yard. A yard of corduroy requires..
What are common design challenges that all organizations face? What are the common design elements in a high-commitment work system?
Explain in your own words at least 3 key differences between a civil case and a criminal case.
When a patient enters the Valley Health Clinic Laboratory to have his blood drawn and a Chemistry Panel and CBC run, he spends, on average 2 minutes at patient check-in, 45 minutes in the waiting area, 5 minutes having his medical history updated, an..
You are asked to make a sales and operation plan for the next year. The demand forecasts for the next four quarters are 3,100, 2,400, 4,200, and 3,550 units, respectively. The production rate is 75 units per quarter per employee. The beginning invent..
What does 'good' mean? What are some of the different meanings of 'good' as we employ the word in everyday language? What makes a thing or action 'good'? What makes a thing or action 'not good'?
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