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Advantages of using quantitative risk assessment tool

Assignment Help Operation Management
Reference no: EM13861409

Discussion #1

What are the capacity and planning implications of a movie theater? Why does a theater show a film several times a day, but frequently to small audiences who do not fill the theater? Should the theater's capacity and planning strategies be re-evaluated?

Discussion #2

How do you manage your own personal inventory of various supplies? Do you stock up or wait until you run out of something before you replace it? Why? Be sure to use operational management terminology.

Discussion #3

In this discussion, please address the following:

• Discuss the reasons as well as the advantages and disadvantages on why a project manager creates and manages a project risk matrix.

• Do you believe it is possible to eliminate all risk from a project? Explain your reasoning.

• Discuss the advantages of using quantitative risk assessment tool.

Reference no: EM13861409

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