Which of the following is the objective of purchasing? Question 4 options: 1) Routinely replenish the stock. 2) Ensure that required materials are available when they are needed, in the proper amounts, and at minimum cost. 3) Select suppliers. 4) Determine the facility's level of output. 5) Control inventory and product quality.When a lumber company takes timber and converts it into lumber, cardboard, and other paper products, the company is using Question 5 options: 1) an analytical process. 2) extraction manufacturing. 3) a synthetic process. 4) an operations process. 5) raw processing