Question: use excel to analyze the problem. show all calculations, formulas, and work. Supplier Selection Problems 1) A paint company has three sources for buying bright

use excel to analyze the problem. show all calculations, formulas, and work.

Supplier Selection Problems 1) A paint company has three sources for buying bright red pigment for their paints: Vietnam, Taiwan, or Thailand. Unfortunately, the pigment is made from a bush whose annual growth is heavily dependent upon the amount of rainfall during the growing season. The tables below show probabilities and prices for wet, dry and normal growing seasons: Vietnam Taiwan Thailand Wet .5 .6 .4 Probabilities Dry Normal 2 .3 3 .1 .4 2 Vietnam Taiwan Thailand Wet 95 .85 .90 Price/Pound (S) Dry Normal 1.10 1.00 1.20 .98 1.15 1.05 Use an appropriate tool to recommend the country that should be selected as a source for the pigment

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