What rating method will be used for risk probabilities

Assignment Help Operation Management
Reference no: EM13904849

Zia is establishing what rating method will be used for risk probabilities. She has chosen a scale that uses a low, medium, and high designation. What kind of scale is this?

a. Continuous

b. PIM

c. Relative

d. Non-linear

Reference no: EM13904849

Questions Cloud

True of project risk management : Which statement below is not true of project risk management?
About assumptions : Which statement is true about assumptions?
Common technique for graphically showing risk categories : Which choice is a common technique for graphically showing risk categories?
Show the npv profile of the project : Barracuda Count Dracula, the CFO, has requested that you provide the NPV at various interest rates. In addition you are to graph your NPV results at each interest rate to show the NPV profile of the project.
What rating method will be used for risk probabilities : Zia is establishing what rating method will be used for risk probabilities. She has chosen a scale that uses a low, medium, and high designation. What kind of scale is this?
What is the expected monetary value of this risk : A negative risk has a 30% probability of occurring. If it does take place, it'll result in an extra $20,000 cost to the project. What is the expected monetary value of this risk?
Consistently measure and reward productivity : For a four-person surgical group, what kind of formula may be devised to fairly and consistently measure and reward productivity? What changes may be needed if one surgeon decides to perform more office work and less surgery?
Forecast accuracy-supply chain inventories-profitability : A firm improves its forecast accuracy using better market intelligence. What impact will this have on supply chain inventories and profitability and why? Consider two products with the same cost but different margins. Which product should have the hi..
Synthesize how the concepts of culture-organizational values : Synthesize how the concepts of culture, organizational values, individual values, and stakeholder value creation are related. Why is their alignment important for the long term success of an organization?

Reviews

Write a Review

Operation Management Questions & Answers

  Explain cloud computing and web 2.0

When you do the research, pay particular attention to how cloud computing and Web 2.0 are used in organizations and the technology required for them.

  Compare and contrast religions from an anthropological

Compare and contrast these religions from an anthropological perspective. The US culture has a broad spectrum of religious affiliations and religiosity. As a result of interacting with people who share similarities, people seldom evaluate the main ..

  Food is an integral part of understanding

Food is an integral part of understanding different countries, cultures, and lifestyles. In fact, your company is interested in importing Australian wine to the United States

  Maximum ending inventory level experienced

The firm must plan production for the next 6 months. If a level prodcution rate of 400 is used, then which of the following is the maximum ending inventory level experienced during any of the 6 months?

  Seed mixture contains three types of seeds

Top grade Turf lawn seed mixture contains three types of seeds: bluegrass, rye, and Bermuda. The cost per pound of the three types of seed are 11 cents, 14 cents, and 6 cents, respectively. In each batch there must be at least 20% bluegrass seed, and..

  Define the three criteria for evaluating effective team

Define the three criteria for evaluating effective team/group work (as stated in your text) and analyze whether the "team" in the video is effective or not.

  Create a custom table in excel

You will create a custom table in Excel for your chosen project based on the questions you created in the written assignment of this module. Combine the charts on separate sheets with your written paper and add two additional pages explaining the t..

  How has your company or another company that you are

how has your company or another company that you are familiar with used the internet andor related technologies to

  What is the average number of passengers in arrival queue

Consider passenger arrival at the Minneapolis International Airport security check point. The passengers form a single queue. Each passenger places his or her carry-on luggage on a moving belt to be scanned by an X-ray machine. What is the average nu..

  Calculate the appropriate cost

A work element in the project plan requires 50 hours of labor each by four carpenters. The carpenters are paid $15 per hour and incur an overhead rate equal to 80 percent of their direct labor charges.

  Explain relationship between motivation and job satisfaction

What is the relationship between motivation and job satisfaction? Are satisfied employees more productive? Can most people be motivated by money?

  What is the purpose of a cpm project network model

What is the purpose of a CPM Project Network model? List and describe three different kinds of outputs that could be obtained from such a model.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd