Question: Analyze and Solve a solution for issue 3. I think Supplier B is the best supplier but im not sure. explain in paragraph. Issue 3
Issue 3 Plachem had called quotations for supply of benzene from its four suppliers. The price comparison made after the receipt of the quotes from three supplies is shown below. Analyze the table and suggest the purchasing policy. The annual requirement of the benzene is around 4000 tons. The current quote was for this quarter's requirement of 1200 tons. Supplier Supplier Supplier . B C General data Last vendor rating score (maximum 5) Distance of source (miles) Yearly Capacity (tons) 4.5 250 2500 4.3 900 80,000 4.6 600 55,000 Price ($ per ton) Policy Credit (days) 810 CIF 60 Quote data 775 FCA 0 795 FCA 30 Assume whatever details you may need and help Plachem managers decide of who to buy the Benezene from
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