A Canadian based manufacturing firm is looking to procure a five-year contract for 500,000 tonnes of mid-sulphur coal/year it needs for its furnaces. Due to the plant's proximity to residential properties and the environmental regulations, the firm is looking to keep onsite coal inventories to a minimum. Exchange Rates: $ 1 USD = $1.32 CAD $ 1 CAD=$ 2,360 Colombian Peso Evaluate the following alternatives. Which supplier should be selected? Local Mine. Burns about 37% less hot than required. Current base price 34 CAD/tonne Baltimore Mine. Burns about 12% hotter than required. Current base price 24.50 USD/tonne Colombian Mine. Burns about even to requirements. Current base price 45,000 Colombian Peso/tonne A Canadian based manufacturing firm is looking to procure a five-year contract for 500,000 tonnes of mid-sulphur coal/year it needs for its furnaces. Due to the plant's proximity to residential properties and the environmental regulations, the firm is looking to keep onsite coal inventories to a minimum. Exchange Rates: $ 1 USD = $1.32 CAD $ 1 CAD=$ 2,360 Colombian Peso Evaluate the following alternatives. Which supplier should be selected? Local Mine. Burns about 37% less hot than required. Current base price 34 CAD/tonne Baltimore Mine. Burns about 12% hotter than required. Current base price 24.50 USD/tonne Colombian Mine. Burns about even to requirements. Current base price 45,000 Colombian Peso/tonne