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Q 1. Developing Risk Mitigation Strategies. Develop a preliminary risk mitigation strategy for each of risk factors identified in Problem 2. If you were to prioritize your efforts which risk factors would you address first? Why?
2. Quantitative Risk Assessment. Assume subsequent information:Probability of Failure Consequences of FailureMaturity = .3 Cost = .1Complexity = .3 Schedule = .7Dependency = .5 Performance = .5
factor for this project. Would you assess this level of risk as low, moderate or high? Why?
Explain how many of X1 X2 and X3 should be made and illustrate what is the resulting profit of this product Mix. Which of the machines is not operating at capacity with this solution.
Why should decision makers who're primarily concerned with the marketing or finance or production know about linear programming?
Imagine you are the marketing manager responsible for developing marketing strategy for a bicycle company. Propose the strategic marketing process you will use being sure the name the stages, the activities included in the stages and stage specifi..
Why would long term reliance on a lower valued dollar at best be a short term solution to the competitiveness problem.
A power Corporation in Missouri can buy coal for its generating plants from western mines in Utah or from eastern mines in Pennsylvania. Elucidate what is value of transportation from western mines.
The firm uses a cost of capital of 15 percent per year. Illustrate what should you do, continue to produce in-house or accept the bid from your Taiwanese supplier.
Explain how would you structure agreements to address your concerns and capture any pros you have identified. Illustrate what governance mechanisms would you design for agreements.
Illustrate what general features would you look for in a business process that would make that process a candidate for reengineering.
A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Yearly carrying costs are $75 per bag.
Stan estimates which it will cost $15,000 to set up the process also then $1.82 per unit for labour also materials. Either choice would have the same cost at approximately describe how many units.
Explain how do they like to be managed. Illustrate what is the best way to communicate with them. Illustrate what is more important to them. A leader who focuses on building relationships or getting tasks completed no matter illustrate what it tak..
His approximate d cost to carry 1 case of whiskey is $52 dollars per case per year. He approximates that it costs $21 to place a whiskey order. Explain how many cases should doc order each time he places an order.
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