Question: ReadCase: Mars Incorporated: Online Procurement9B05E004, by Peter C. Bell Answering the following questions: 1. What decision does Mars need to make? 2. How did Mars

ReadCase: Mars Incorporated: Online Procurement9B05E004, by Peter C. Bell

Answering the following questions:

1. What decision does Mars need to make?

2. How did Mars traditionally do in purchasing? If Mars would go for online procurement, what pros and cons would Mars potentially have?

3. Clearly present the conceptual model to solve the problem with the data in Exhibit1.

4. Develop an excel model to solve the problem with the data in Exhibit 1 by using optimization method.

5. Provide your suggestions and discuss the implementation challenges at Mars.

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