Based on the financial cost incurred if supply is disrupted and the probability that this happens, the number of suppliers the manager should use is Two (2) suppliers.
<h3>How many suppliers should be used?</h3>
If 3 suppliers are used, the probability of disruption would be:
= Probability of super event + (1 - Probability of super event) x Probability of unique event^ number of suppliers
= 5% + (1 - 5%) x 10%³
= 0.145
The payoff would be:
= 2 million x 0.145 + 30,000
= $191,900
With two suppliers:
= 2 million x (5% + (1 - 5%) x 10%²) + 30,000
= $169,000
With one supplier :
= 2 million x (5% + (1 - 5%) x 10%) + 30,000
= $320,000
The lowest cost is with 2 suppliers so this should be chosen.
Find out more on probability of disruption at brainly.com/question/16625463.
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Answer:
there are several options for this question and they are,
A. teaser
B. testimonial
C. direct
D. transformational
E. indirect
and the correct answer is E. Indirect.
Explanation:
if you look at this advertisement, you can clearly see that the title is detailed to an extent, stating a specific number 286,000 people. and then the importance of the "lands'' are highlighted by stating the word "sacred". when you state something is "Sacred", it sort of send out a single to the readers mind that it can be religious or highly sensitive.
apart from this, although the statement say that "I will keep", it does not say "keep safe from whom?" so this too greatly and indirectly influence the reader.
Answer:
The correct answer is b. chain of command
Explanation:
A chain of command is a system of sending information characteristic of organizations with strong, vertical and authoritarian hierarchical structures, such as political-party and military organizations, where orders, rewards and penalties flow from the tip of the pyramid organizational to the base, and where it is expected that only the required information, entrusted activities and tasks flow to the top of it.
Design thinking is a problem solving protocol that any buisness or profession can employ to achieve big results
Answer:
A) making zero economic profit
Explanation:
A perfectly competitive industry is where there are many firms producing homogenous goods and services. There are no barriers to entry or exit of firms. Prices are set by market forces. Buyers and sellers are price takers.
In the short run, if firms in a perfectly competitive market are earning economic profits, in the long run, new firms enter into the industry and economic profit falls to zero.
In the short run, if firms in a perfectly competitive market are earning economic loss, in the long run, firms leave the industry and economic profit goes up to zero.
I hope my answer helps you
