Question: QUESTION 2 ( 2 0 Marks ) A global automobile manufacturer, AutoTech, is planning to launch a new electric vehicle ( EV ) assembly plant
QUESTION Marks A global automobile manufacturer, "AutoTech," is planning to launch a new electric vehicle EV assembly plant in California. The project involves constructing the facility, installing advanced robotics, and integrating supply chain systems within a month timeline and a R billion budget. Given the complexity, AutoTech decides to use simulation as a risk modelling tool to anticipate potential challenges and optimize project outcomes. As a risk management practitioner, demonstrate what this tool entails and examine the primary questions that the method addresses. Make use of relevant examples.
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