Operations Management: Sustainability and Supply Chain Management, Twelfth Edition

Problems

Problems S11.1–S11.5 relate to Evaluating Disaster Risk in the Supply Chain

1. S11.1 How would you go about attempting to come up with the probability of a “super-event” or the probability of a “unique-event?” What factors would you consider?

2. S11.2 Phillip Witt, president of Witt Input Devices, wishes to create a portfolio of local suppliers for his new line of keyboards. As the suppliers all reside in a location prone to hurricanes, tornadoes, flooding, and earthquakes, Phillip believes that the probability in any year of a “super-event” ...