Consider the Disaster Risk Decision Tree Model

question 122

Multiple Choice

Consider the disaster risk decision tree model. Using the notation from the model, what is the expected monetary value (cost) of choosing two suppliers?

• A) 2C
• B) [1 - P(2)] × 2C + P(2) × (L + 2C)
• C) 2C + SL
• D) P(2) × 2C + [1 - P(2)] × (L + 2C)
• E) 2C + (S + U²)L

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Definitions:

Dwellings Materials

The various substances or goods used in the construction and maintenance of homes and buildings.

Iron

A chemical element with the symbol Fe, known for its strength and used extensively in construction and manufacturing.

Neolithic Social Structure

The organization of societies during the Neolithic period, characterized by the beginnings of agriculture, settled communities, and more complex social hierarchies.

Egalitarian Society

A society in which all members are considered equal, with no inherent class, caste, or rank distinctions.