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Written Assignment Unit 4BUS 5116 Operations Management Term 5, 2018-2019Case Study: The supplier selection process is a critical activity within the operations of a company. Once the outsourcing decision is taken, a process aimed at analyzing and choosing the appropriate suppliers begins.Suppose that you are a Procurement Analyst in a large company. You have been asked to create a proposal to the Chief Procurement Officer identifying the best supplier to outsource, for a 3-year period, a complex part of your company’s value chain. Your company operates ina mature market where the qualifying and winning factors are quality and time to customer respectively.Based on the information included in the table, address the following questions:-What supplier would you select?-What is your rationale for your election?-What supplier would you select if your company’s factors changed to price and quality? ---- Would your election change?