Assume that heartland company is considering paying a, Operation Management

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Assume that heartland company is considering paying a

Assume that heartland & company is considering paying a price premium the more highly rated supplier (New England Works) in this years 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? Justify your response.

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