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

  What is the optimal order size

The jewelry firm operates 200 days per year. Usage rate is 25 stones per day, and ordering costs are $48. If annual carrying costs are 30 percent of unit cost, what is the optimal order size?

  How many regular employees are required

A supermarket has the following minimum personnel requirements during the week. Each employee is required to have two consecutive days off. How many regular employees are required and what is a good schedule?

  What is the average number of customers in the system

What is the average waiting time in line? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Average waiting time minutes.

  Write a report on production warehouse move experience

Prepare an 8-10-page report in Word. This report should include a project history of your recent Trillo Apparel Company District 4 Production Warehouse Move experience over the last five weeks.

  Describe and provide examples of the models organizations

you have been asked to be a guest speaker in a high school business class. your task is to explain the basic concepts

  We will focus on strategic planning since

There are three planning horizons, strategic, tactical, and operational. We will focus on strategic planning since the primary responsibility belongs to you

  Demand is normally distributed with a standard deviation

Chicago's Hard Rock Hotel distributes a mean of 1,000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of 100 towels per day

  Determine the critical path

Determine the critical path and the expected project completion time

  What would be the impact on hr policies

why would you select such tool(s)? What would be the impact on HR policies? Please respond with at least 200 words.

  Operations planning is to specify the optimal combination

The main purpose of aggregate operations planning is to specify the optimal combination of which of the following?

  Attracting-retaining customers to measure customer progress

Describe the main steps in attracting and retaining customers to measure customer progress through the funnel---particularly conversion rates, customer relationship capital and customer base?

  What is the critical path

Draw the network. What is the critical path? What is the expected project completion time?

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