\#1) You are tasked with selecting the supplier for a new part from four possible venders A, B, C, and D. You have data related to price, quality, delivery performance, and a sustainability score ( 5 is best). Assuming each of these four aspects are equally weighted by your purchasing organization, which supplier would you choose given the following information? The critical part dimension for the quality data has a specification of 2.50.05cm; and daily demand of 25 , with a daily standard deviation of 30 units; 365 days a year. For this part your organization prefers a service level of at least 95%. Please be clear as to how you are using each piece of information, part of this grade is how you develop and use the data to find the price (10 points), quality (10 points), delivery performance (10 points), and a sustainability scores you use in your analysis. ( 50 pts total) \#2) Assume your organization focuses primarily on price, assume you are forced to use vendor D (even if D did not win your bid in \#1). Using the data in the previous problem, how much should be ordered, and when should be orders be placed if the fixed ordering cost is $250 /order and the inventory carrying cost is 40% and what is the total cost of this policy? Suppose vender D offers a 7% discount off the price, provided the order volume is at least 4000 units, does this change your answer regarding how much to order, and, if so, what is the new total cost? (20 pts) \#3) Consider the following project, all durations are in days. Construct a precedence diagram, find the critical path and which tasks have slack and how much each has. Which tasks would you recommend crashing to reduce the project duration by six days assuming that it costs the same to crash each task and no task by be crashed to less than half its original duration and tasks A and N cannot he crashed at all? ( 20 noints) \#4) Suppose that you have chosen to outsource a key component in your manufacturing process. You have narrowed the decision down to two vendors. One located in Canada and the other located in Vietnam. The components are heavy and bulky so using air transportation is not feasible, but water, truck and railroads are all options. Both potential venders have excellent reputations, the price from Vietnam is a bit lower, but it would have increased transportation and coordination costs. Conduct a risk assessment centered on geography and transportation modes. What additional information might you want to choose the ultimate vender, and how might you mitigate the risks? (10 pts)