Question: 1) Node: Procurement to PO First Risk;? 1. What can go wrong? a. Forecast inaccuracy Wrong Quantity 2. How likely is it to happen? a.

1) Node: Procurement to PO First Risk;? 1. What can go wrong? a. Forecast inaccuracy Wrong Quantity 2. How likely is it to happen? a. Probability 95%. Assumptions; this is likely to happen because [Reasons, briefly] 3. What are the consequences? a. Loss sales (Risk to next immediate Node b. Upset customers (Risk to second Node) c. loss of business (Risk to third Node) Second Risk:? 4. What can go wrong? a. Forecast inaccuracy. Finished Product missing 5. How likely is it to happen? a. Probability 95%. Assumptions; this is likely to happen because [Reasons, briefly] 6. What are the consequences? a. Loss sales b. Upset customers c. loss of business

2) Node: Transportation to inventory First Risk;? 1. What can go wrong? a. Forecast inaccuracy Wrong Quantity 2. How likely is it to happen? a. Probability 95%. Assumptions; this is likely to happen because [Reasons, briefly] 3. What are the consequences? a. Loss sales (Risk to next immediate Node b. Upset customers (Risk to second Node) c. loss of business (Risk to third Node) Second Risk:? 4. What can go wrong? a. Forecast inaccuracy. Finished Product missing 5. How likely is it to happen? a. Probability 95%. Assumptions; this is likely to happen because [Reasons, briefly] 6. What are the consequences? a. Loss sales b. Upset customers c. loss of business

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Node: MPS TO MRP First Risk 1. What can go wrong? a. MPS inaccuracy Wrong Quantity 2. How likely is it to happen? a. Probability 95%. Assumptions; this is likely to happen because [Reasons, briefly]...

we have to find two risks in supply chain management Node: Forecast to MPS First Risk 1. What can go wrong? a. Forecast inaccuracy. 2. How likely is it to happen? a. Probability 95%. Assumptions;...

Node: BOM TO MPS First Risk What can go wrong? Forecast inaccuracy Wrong Quantity How likely is it to happen? Probability 95%. Assumptions; this is likely to happen because [Reasons, briefly] What...

UALITY IMPROVEMENT AND PATIENT SAFETY WHAT IS QUALITY ? Appropriate medical application knowledge of with due regard to the balance between the hazard medical inherent intervention in every and the...

(Supply chain management) Answer the following 3 questions for the following nodes - Q1. What can go wrong? Q2. How likely is it to happen? Q3. What are the consequences? NODES: - 1. Forecast - S&OP...

Chapter 3 Describe and explain the terms climate sensitivity, fat tail, and low beta, and how they relate to climate change. What are the estimated economic costs of global warming? Can we trust...

The University of Southern Mississippi College of Science & Technology IET 670 Section: G001 Supply Chain Design & Management Midterm Exam Full Points: 100 Student ID: Name: Closed book closed notes...

Conduct an internet search to find an organization that lists its mission and vision statement on its website. What do the mission and vision statements communicate? How might the organization use...

This paper should include 3-5 pages of content with an additional cover and reference page. This is a total of 5-7 pages. Please be aware that a properly formatted page will include approximately 350...

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

Create a basic outline that captures the key points of the chapter. As a guide for your outline, it will be helpful to note the "key points" For a refresher lesson in creating an outline, refer to...

Williams-Santana. inc.. is a manufacturer of high-tech industrial parts that was started in 2004 by two talented engineers with little business training. In 2016. the company was acquired by one of...

A retail company purchased new display fixtures for $28,000. Old store equipment was sold for $2,500. A marketable security investment was sold for $45,000. Treasury stock was repurchased for...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...