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Phillip Witt, president of Witt Input Devices' wishes to create a portfolio of local suppliers for his newline of keyboards, Suppose that Phillip is willing to use one local supplier and up to two more located in other territories within the country This would reduce the probability of a "supereevent" that might shut down all suppliers at the same time at least 2 weeks to 0 3%, but due to increased distance the annual costs tor managing each of the distant suppliers would be $24500 (still $14,500 tor the local supplier) Atotal shutdown would cost the company approximately $470,000 He estimates the "uniqueeevent" risk for any of the suppliers to he 4% Msuming that the local supplier would he the rst one chosen' how many suppliers should Witt input DeVIces use? Find the EMV for alternatives using 1, 2, or 3 suppliers. EMV(1): 5 (Enter your response rounded to the nearest whole number J EMV(2) : 5 (Enter your response rounded to the nearest whole number J EMV(S) : $ {Enter your response rounded to the nearest whole number.) Based on the EMVvalue, the best choice is to use one supplier two suppliers three suppliers one supplier