$\backslash$table$[[14,$Student score$]]$

estimated thing to decide whether to use one or two suppliers for a certain product. You suppliers at the probability in any year of a "super$-$event" that might shut down all the company ape time for at least two weeks is $5\%.$ Such a total shutdown would cost the suppliers to proximately $$100,000.$ You estimated the "unique$-$event" risk for any of supplier is $$12,00\%.$ Assuming that the marginal cost of managing an additional

per year.

EMV

a$.$ What is the probability that one supplier will be disrupted? $(4$ points$)$

b$.$ What is the probability that both suppliers will be disrupted? $(4$ points$)$

c$.$ Calculate the Expected Monetary Value for both options? $(4$ points$)$

d$.$ Which option would you choose? $(2$ points$)$