Question: please try to do all steps if there are any after A! Johnson Chemicals is considering two options for its supplier portfolio Option 1 uses

please try to do all steps if there are any after A!
please try to do all steps if there are any after
Johnson Chemicals is considering two options for its supplier portfolio Option 1 uses two local suppliers Each has a unique-event risk of 5 8%, and the probability of a super-event that would disable both at the same time is estimated to be 14% Option 2 uses two suppliers located in different countries. Each has a unique-event risk of 11%, and the probability of a super-event that would disable both at the same time is estimated to be 0 18% * The probability that both suppliers will be disrupted using option 1 is round your response to five decimal polices)

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