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Assume that Heartland Company is considering paying a price premium to the more highly rated supplier (New England Works) in this year's buy of...
Assume that Heartland & Company is considering paying a price premium to the more highly rated supplier (New England Works) in this year’s buy of part #B02326620. If the only two suppliers quoting on this part are New England Works and Midwest Bearings what percentage premium (over the lower price) would you recommend? Please justify your response with a quantitative analysis.
Assume that Heartland & Company is considering paying a price premium to the more highly rated supplier (New England Works) in this year’s buy of part #B02326620. If the only two suppliers quoting on this part are New England Works and Midwest Bearings what percentage premium (over the lower price) would you recommend? Please justify your response with a quantitative analysis.
