Business, 06.12.2019 03:31 raizagisselle7772

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 1.6%. option 2 uses two suppliers located in different countries. each has a "unique-event" risk of 12%, and the probability of a "super-event" that would disable both at the same time is estimated to be 0.18%.a) the probability that both suppliers will be disrupted using option 1 is (round your response to five decimalplaces).b) the probability that both suppliers will be disrupted using option 2 is (round your response to five decimalplaces).c)option 2 provides the lowest risk of a total shutdown.

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