Creative Homework/Short Project. You are the director of purchasing for Sony’s television production division. You have just discovered that an important part used to manufacture your smart TVs has nearly quadrupled from $23 to $90 per unit. Your options include passing the cost increase on to your customers, absorbing the cost and accepting a reduction in profitability, or choosing a lower-priced part that will be of lower quality. Develop a list of pros and cons for each alternative. Make a recommendation and justify your choice.