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!
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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