Question: . Samsung needs your assistance determining whether to source a critical component from outside Korea using either one, two, or three suppliers. Samsung estimates the

. Samsung needs your assistance determining

. Samsung needs your assistance determining whether to source a critical component from outside Korea using either one, two, or three suppliers. Samsung estimates the probability of a "super-event" which would knock out all of the potential suppliers (e.g. a natural disaster or global pandemic) to be 2.5% Samsung estimates the probability that any given supplier fails independently of the others (e.g. due to a quality or yield failure) to be 7.8% The cost to manage a supplier is $27000 per year. A total disruption of the order would create an annualized loss of $4650000 per year. Draw a decision tree to determine the best sourcing strategy for Samsung. Should Samsung use single sourcing, dual sourcing, or triple sourcing? . As part of your tree, you must calculate the probability that all suppliers fail for each given strategy. Calculate the expected annual cost of each strategy as you fold back the tree to solve for the best strategy. Enter the expected annual cost in dollars associated with the BEST of the three strategies. . Rounding instructions: Enter the cost as a positive number - e.g. enter 30,147 not-30,147 Carry all calculations to at least 3 decimal places. Carry all calculated probabilities to at least 5 decimal places - ie nearest thousandth of a percent, e.g. 0.03418 or 3.418%. Enter your final answer in dollars rounded to the nearest dollar. . . Samsung needs your assistance determining whether to source a critical component from outside Korea using either one, two, or three suppliers. Samsung estimates the probability of a "super-event" which would knock out all of the potential suppliers (e.g. a natural disaster or global pandemic) to be 2.5% Samsung estimates the probability that any given supplier fails independently of the others (e.g. due to a quality or yield failure) to be 7.8% The cost to manage a supplier is $27000 per year. A total disruption of the order would create an annualized loss of $4650000 per year. Draw a decision tree to determine the best sourcing strategy for Samsung. Should Samsung use single sourcing, dual sourcing, or triple sourcing? . As part of your tree, you must calculate the probability that all suppliers fail for each given strategy. Calculate the expected annual cost of each strategy as you fold back the tree to solve for the best strategy. Enter the expected annual cost in dollars associated with the BEST of the three strategies. . Rounding instructions: Enter the cost as a positive number - e.g. enter 30,147 not-30,147 Carry all calculations to at least 3 decimal places. Carry all calculated probabilities to at least 5 decimal places - ie nearest thousandth of a percent, e.g. 0.03418 or 3.418%. Enter your final answer in dollars rounded to the nearest dollar

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