The probability that all three suppliers are disrupted using option 1. Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

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Answer 1

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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QUESTION 2 In the early stages of COVID-19, the VP of Supply Chain Operations for a large international tech company is tasked with evaluating areas of risk throughout the supply chain based on current inventory levels and the likelihood that certain geographical areas will be shut down. Which of the following strategies/approaches would have been most beneficial in this scenario? O Insurance Supply Chain Mapping The Bullwhip Effect Quickly creating redundancy in the supplier base

QUESTION Research shows that around 33% of the companies cancel their outsource contracts within 5 years and another 50% found themselves in dispute with the outsourced contractor. There are a number of issues and problems associated with an outsourcing decision. However, still many companies continue to outsource most of their logistics operations. Discuss the possible reasons for apparent failures in outsourcing contracts. Explain how Carter’s 10Cs model can be used as a checklist when undertaking supplier appraisal and evaluation during the sourcing process. List and explain the 10 element in Carter’s 10Cs model and explain why they are important when evaluating suppliers. Note: Procurement & Sourcing Management

part 1 of 2 - OPM 200

Answer 2

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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Answer 3

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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Answer 4

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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Answer 5

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

Answer 6

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

Answer 7

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

Answer 8

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

Answer 9

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

Answer 10

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

Answer 11

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

Answer 12

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

Answer 13

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

Answer 14

e)

Summary Introduction

To determine: The best options.

Answer 15

e)

Summary Introduction

To determine: The best options.

Answer 16

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Answer 17

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Answer 18

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Answer 19

Ch. 11.S - Prob. 1DQ Ch. 11.S - Question: 2. It the probability of a super-event...Ch. 11.S - Question: 3. If the probability of a super-event...Ch. 11.S - Question: 4. Describe some ramifications of the...Ch. 11.S - Question: 5. Describe causes of the bullwhip...Ch. 11.S - Question: 6. Describe how the bullwhip measure can...Ch. 11.S - Question: 7. Describe some potentially useful...Ch. 11.S - Prob. 8DQ Ch. 11.S - Question: 9. Describe some disadvantages of using...Ch. 11.S - Prob. 10DQ

Solution Summary: The author explains the probability that all three suppliers are disrupted using option 1.

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To determine: The probability that all three suppliers are disrupted using option 2.

To determine: The total annual expected cost for option 1.

To determine: The total annual expected cost for option 2.

To determine: The best options.

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Chapter 11 Solutions