Johnson chemicals is considering two options for its supplier portfolio option one uses to local supplier such a unique event risk of 5% the probability of a super event that would disable both at the same time is estimated to be 1.5% option to use it to suppliers located in different countries each has a unique event list of 13% the probability of a super event that would disable both at the same time is estimated to be 0.2% what is the probability that both suppliers will be disrupted using Option 1 what is the probability that both suppliers will be disrupted using option 2 which option would provide the least risk of a total shutdown
0 answers