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Calculate the ALE for a manufacturing plant. The manufacturing plant has an output worth 100000 per day. The plant suffers from electricity outages on average

Calculate the ALE for a manufacturing plant. The manufacturing plant has an output worth 100000 per day. The plant suffers from electricity outages on average 5 times a year. An average outage typically lasts for 24 hours. What is the ALE for the plant due to electrical outages? To safeguard against this risk, the company plans to purchase a portable generator that can run for 12 hours before it needs to cool off and refuel for 12 hours (50% mitigation). The generator would cost 150000 to purchase. In addition to the first control, the company also plans on purchasing output insurance for 50000 a year. The insurance would cover up to 25% of production losses during a year. What is the residual risk after controls have been applied?

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