What important molecules are required components in coenzyme…
What important molecules are required components in coenzymes?
What important molecules are required components in coenzyme…
Questions
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Whаt impоrtаnt mоlecules аre required cоmponents in coenzymes?
Optiоn = B (fоr Prоf. Schwаrtz... disregаrd) Steller Associаtes is a consulting firm for mid-sized businesses. Steller has two large clients, one of which is RED Company. Steller is working on a large project for RED Company which has a due date of 12/31/2024. Unfortunately, the Project Manager anticipates there is a possibility that the project will be delayed. Based on historical experience of other similar projects, the Project Manager has estimated the following for the project for RED Company: The probability of no delay = 50% The probability of a delay of 3 days = 25% The probability of a delay of 5 days = 20% The probability of a delay of 10 days = 5% Per the terms of the contract with RED Company > Each day the project is delayed past the 12/31/2024 deadline = $2,000 is taken off of the agreed price of the project. (i.e. = every day the project is delayed = -$2,000 financial consequence for Steller Associates) ***Hint = remember how we measure consequence / severity in the world of risk management!!! Based on the above information – please answer the following questions: (BE SURE TO SHOW YOUR CALCULATIONS FOR EVERY PART OF THIS PROBLEM. IF YOU DO NOT SHOW YOUR WORK… YOU WILL NOT RECEIVE CREDIT FOR YOUR ANSWER!!!) Part A: [4 points] Complete a Probability Distribution for the risk of financial consequence (loss) from the delay of the project for RED Company (from the perspective of Steller Associates) (feel free to copy the below chart for your work) Outcome: Probability (Frequency): Consequence (Severity): Outcome #1 X X Outcome #2 X X Outcome #3 X X Outcome #4 X X Part B: [4 points] Calculate the Expected Value of the financial consequence (loss) from the delay of the project for RED Company (from the perspective of Steller Associates): (round to two decimal places… and show ALL calculations!!!) Part C: [2 points] Based on the historical experience of other similar projects, the Project Manager has also calculated the following in regard to the project for RED Company: The variance of the financial consequence (loss) from the delay of the project for RED Company = 28,750,000 squared dollars Take the variance as FACT (you do NOT need to calculate it) Calculate the Standard Deviation of the financial consequence (loss) from the delay of the project for RED Company (from the perspective of Steller Associates): (round to two decimal places… and show ALL calculations!!!) Part D: [5 points] Steller Associates other large client is BLUE Corporation. Steller Associates is working on a large project for BLUE Corporation as well, which also has a due date of 12/31/2024. The Project Manager of this project also anticipates the possibility the project will be delayed. Based on historical experience of other similar projects, the Project Manager has estimated and calculated the following for the project for BLUE Corporation: The Expected Value of the financial consequence (loss) from the delay of the project for BLUE Corporation = $7,950 The Standard Deviation of the financial consequence (loss) from the delay of the project for BLUE Corporation = $8,142.15 The CEO of Steller Associates is concerned about the possible delays on these two key projects: In terms of the key measure of objective measure of risk (the key measure of volatility) > which project faces more uncertainty in terms of financial consequence (loss) from delay? (i.e. = which project should the CEO be more “uncertain” about the outcome?) (round to two decimal places… and show ALL calculations!!!)