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takeAssignment/takeAssignmentMaindo?invokers t/takeAssigrmentMain do?invoker-saved&takeAssignmentSessionLocator-assignment-takeBinprogress eBook Calculator Lean Principles Soft Glow, Inc. manufactures light bulbs. Its purchasing poli out for bid. This is because the Purchasing Department

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takeAssignment/takeAssignmentMaindo?invokers t/takeAssigrmentMain do?invoker-saved&takeAssignmentSessionLocator-assignment-takeBinprogress eBook Calculator Lean Principles Soft Glow, Inc. manufactures light bulbs. Its purchasing poli out for bid. This is because the Purchasing Department is evaluated solely by its ability to ge receives the order for the next quarter (90 working days) cy requires that the purchasing agents place each quarter's purchasing requirements t the lowest purchase prices. The lowest bidder To make its bulb products, Soft Glow requires 45,000 pounds of glass per quarter Soft Glow recelved two glass bids for the third quarter, as follows: . Mid-States Glass Company: $28.00 per pound of gless. Delivery schedule: 45,000 (s00 lbs. x 90 days) pounds ot the beginning of July to last for 3 months. Cleveland Glass Company: $28.20 per pound of glass. Delivery schedute: 500 pounds par working day 190 days in the quarter). Soft Glow accepted Mid-States Glass Company's bid because it was the low-cost bid: Required 1. All of the following are ways in which Soft Glow could develop long-term partnerships with its suppliers except: a. share research and development efforts b. ignore internal costs caused by delivery delays while contracting on the best price point basis c. share production schedules d. establish electronic data interchange. e. establish supplier raw materials logisticel support. 2. All of the following statements are true regarding the hidden costs beyond the price of Mid-States Glass Company's bld except 943 AM 4/27/2018

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