Question: 1 Given the following information, is purchasing performing well in buying iron castings? Price Paid To Supplier % Increase Iron Castings from PPI % Increase

1 Given the following information, is purchasing performing well in buying iron castings? Price Paid To Supplier % Increase Iron Castings from PPI % Increase Sept 20, 2015 $52.50 =(53.20-52.50):52.50 127.20 =(127.5-127.2):127.2 Dec 31, 2015 $53.20 1.333% (increase) 127.5 0.236% increase) a. Fantastic job (i.e. you deserve a promotion) b. Terrible job (i.e. you deserve to get fired) C. Good job (ie, you can keep job and you'll likely earn a bonus) d. Mediocre job (i.e, you will likely keep job but you won't receive bonus) e. You give up! You have no clue

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