ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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If a team from Trilogox came up with the following PFMEA exercise results during its risk
exposure analysis:
Risk
Occurrence
Probably will occur
Outcome
Detection
Financial
Cost increase by Detection method has
30%
medium effectiveness
Marketing
Probably will not
Cost increase by Detection method has
medium effectiveness
Cost increase by Detection method has
medium effectiveness
Cost increase by Detection method has
2%
occur
Quality
Probably will occur
40%
Capability
Probably will occur
10%
medium effectiveness
Materials
Probably will occur
Cost increase by Detection method has
medium effectiveness
Cost increase by Detection method has
10%
Labor
Probably will occur
40%
medium effectiveness
b. Which are the most critical risks by identifying the critical values? What actions do you
recommend? Evaluate the risks by assigning one degree of leniency in their value.
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Transcribed Image Text:If a team from Trilogox came up with the following PFMEA exercise results during its risk exposure analysis: Risk Occurrence Probably will occur Outcome Detection Financial Cost increase by Detection method has 30% medium effectiveness Marketing Probably will not Cost increase by Detection method has medium effectiveness Cost increase by Detection method has medium effectiveness Cost increase by Detection method has 2% occur Quality Probably will occur 40% Capability Probably will occur 10% medium effectiveness Materials Probably will occur Cost increase by Detection method has medium effectiveness Cost increase by Detection method has 10% Labor Probably will occur 40% medium effectiveness b. Which are the most critical risks by identifying the critical values? What actions do you recommend? Evaluate the risks by assigning one degree of leniency in their value.
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