Using Information to Support Sourcing DecisionsThe purchasing manager has provided the following information for your use:Spend CategoryAmount Thousands US$Number of SuppliersProduction Machinery1702Maintenance2010Hardware310Sheet Metal237Electronic Components2885Assuming that the amounts shown represent the total annual spend (Amount/Total Amount) calculate the percent of spend for each category.Classify each spend category as either low or high complexity and summarize your reasoning.Create a 2x2 Risk/Value matrix showing each of the five spend categories placed in either “High” or “Low” Risk group.Explain why you placed each item in the selected category.Submit your assignment as an MS Word document.Your assignmentMust be 600-900 words (excluding title page and references page) in length, double-spaced and formatted according to APA style as outlined in the Ashford Writing Center. Contextual (Level One) headings must be used to organize your paper and your thoughts. Must include a title page with the following:Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedMust address the topic of the paper with critical thought.Must utilize a minimum of one scholarly and/or peer-reviewed source from the Ashford Library in addition to the textbook. Must document all sources in APA style, as outlined in the Ashford Writing Center.Must document all sources in APA style, as outlined in the Ashford Writing Center.Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.

1. Read carefully three of the cases listed below - any three. All these cases are from your textbook by Meredith et al. (2017), and they all describe real world business scenarios. Case 1: Handstar, Inc., pp. 30-31 Case 2: The Quantum Bank, pp. 68-69 Case 3: Southern Care Hospital, pp.69-70 Case 4: John Wiley & Sons, p. 105 Case 5: Photstat Inc. p. 142 Case 6: Launching E-Collar, pp. 184 After reading the cases, use a Word document to answer the following questions: 1A) Did the cases describe project works or operational activities? Use the project attributes discussed in class to decide whether a case is a project or operations. You can use bullet points to answer this question. Note that you only need three of the cases to complete this assignment.  2) How do the cases in question 1 compare to the production of food products such as breakfast cereal? Support your argument with evidence.  3) Explain the concept of quasi-project. Give an example.