(c) With the aid of a diagram explain the concept of Fault Tree…

Question (c) With the aid of a diagram explain the concept of Fault Tree… (c) With the aid of a diagram explain the concept of Fault Tree Analysis in supply chainmanagement.Question Five (5)(a) Discuss any four (4) tools you would employ to identify a potential risk in the supply chain.(b) The table below shows the various failure modes identified by a risk engineer working inBarima automobile company, together with their corresponding severity of impact, frequency ofoccurrence and likelihood of detection scores. The engineer used the National Aeronautics andSpace Association NASA) developed risk identification tool termed FMEA (Failure Mode andEffects Analysis) that is popularly used in supply chain and six sigma operations.Failur ModeSeverity Frequency of Likelihood ofRisk PriorityNumberOccurrenceDetection(RPN)Delayed delivery468Shortage of57inventoryStrike action at port836Logistics provider1038failureLoss of cargo957Loss of key logistic738personnelFlooding528Personnel turnover838i.Calculate the Risk Priority Number for each failure modeWhich failure mode had the highest RPN?ii.iii.What does the above highest RPN imply in risk management?  Engineering & Technology Industrial Engineering Supply Chain Management PROCUREMEN MPSC 402 Share QuestionEmailCopy link Comments (0)