Lean Principles Bright Night, Inc., manufactures light bulbs. Its purchasing policy requires that the purchasing agents place each quarter's purchasing requirements out for bid. This is because the Purchasing Department is evaluated solely by its ability to get the lowest purchase prices. The lowest bidder receives the order for the next quarter (90 working days). To make its bulb products, Bright Night requires 59,400 pounds of glass per quarter. Bright Night received two glass bids for the third quarter, as follows: Central Glass Company: $29.00 per pound of glass. Delivery schedule: 59,400 (660 lbs. x 90 days) pounds at the beginning of July to last for 3 months. Ithaca Glass Company: $29.15 per pound of glass. Delivery schedule: 660 pounds per working day (90 days in the quarter). Bright Night accepted Central Glass Company's bid because it was the low-cost bid. 1. A manufacturing company gets quotes from each supplier and allocates the purchase order to the company which quotes the lowest price with the expected quality. Is this process effective in long run? Identify reason that supports the answer. a. Yes b. No a b