Question: Using the risk equation, how would leadership assess the following facts: supply chain
Instructions
Using the risk equation, how would leadership assess the following facts: supply chain disruption can impact your business at the rate of $250K per day. You estimate a power outage lasting one day can occur for your operations with probability set to 0.09%. What is the risk?
options:
a)$22.5 |
b)$225 |
c)$2.25K |
d)$22.5K |