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2) (About coefficient of variation) Garden Variety Flower Shop (GVFS) would like to source locally to support local small businesses. It uses about 750 12-inch

2) (About coefficient of variation) Garden Variety Flower Shop (GVFS) would like to source locally to support local small businesses. It uses about 750 12-inch clay pots a month. Two competing suppliers, Awesome and Bravo, offer relatively reasonable prices and services. Due to the production capacity limitation, the monthly supply each supplier can offer varies and is listed in the following table. a) GVFS would like to establish a stable sourcing relationship with one of the suppliers based on the coefficient of variation analysis of the supply. Which supplier should GVFS choose? b) Besides COV value, what other factors should GVFS consider in selecting a supplier?

Month Supplier Awesome Supplier Bravo
Jan 3000 750
Feb 2000 1200
Mar 2500 900
Apr 2500 200
May 2500 900
Jun 1000 1000

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