# (Solved) 2) Suppose that the manager of a company has estimated the probability of a super-event sometime during the next five years that will disrupt all...

2) Suppose that the manager of a company has estimated the probability of a super-event sometime during the next five years that will disrupt all suppliers as 0.23%. In addition, the firm currently uses three suppliers for its main component, and the manager estimates the probability of a unique-event that would disrupt one of them sometime during the next five years to be 1.4%. What is the probability that all three suppliers will be disrupted at the same time at some point during the next five years?

4) Suppose that a product's value is \$1000. The manufacturer experiences a holding cost of 2.5% per month. The firm ships the product across country by truck, and it arrives six days later. The shipping cost is \$80 per unit. What is the holding cost on each unit shipped? (Assume 30 days per month.)

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This question was answered on: Mar 27, 2022

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