A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw
materials for a new product upgrade. The purchasing manager is depending on the Belt’s effort requiring that
the average cost of an internal critical raw material component be less than or equal to $4,200 in order to stay
within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of
$4,060, and a Standard Deviation of $98 was estimated. Select the answer that best states the Practical Problem.