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Define the term project risk?
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- Market risk is associated with the fact some investment returns may fluctuate due to periods of economic expansion followed by periods of recession. True or FalseFalseTrueDiscuss the profits are reward for risks and uncertainty-bearing.Given the following information what is the appropriate amount of safety stock and when should the item be reordered?Lead time average demand = 500 itemsStandard deviation of lead time demand = 48 items (assuming normality)Acceptable stock-out risk during lead time = 3%