Appreciate the value of timely, accurate global freight documentation

A paint company has three sources for buying bright red pigment for its paints: Vietnam, Taiwan, and Thailand. Unfortunately, the pigment is made from a bush whose annual growth is heavily dependent upon the amount of rainfall during the growing season. The following tables show probabilities and prices for wet, dry, and normal growing seasons. Probabilities Wet Dry Normal Vietnam 0.5 0.2 Taiwan 0.6 0.3 Thailand 0.4 0.4 Price/Pound ($) Vietnam 0.96 1.11 Taiwan 0.86 1.25 Wet Dry Normal Thailand 0.92 1.19 0.3 What country shoul the company select? Thailand Taiwan Vietnam 0.1 0.2 1.05 0.99 1.06 What is the expected value (price) associated with it?

In recent years, the scale and frequency of humanitarian disasters has increased, and this consequently has placed an increasing focus on the management of logistics. Discuss this in relation to the phases involved in managing humanitarian response and the challenges faced.

Describe two or three examples of a supply chain disruption in the area of logistics (transportation, warehousing, customs, etc).  How would a company mitigate risk in each case?