You recently overheard that your company’s competitors have started…

You recently overheard that your company’s competitors have started to purchase their materials from an online marketplace. You identify your company’s top three products and collect information about their material usage, their standard costs, and the average costs you find from the sellers on the online marketplace at the end of December 2020. Here are the definitions of the fields.
Online Marketplace Material usage data set.
Material_ID: a unique identifier for each raw material.
Product_ID: a unique identifier for each product.
Standard_usage: the standard usage of materials for a specific product.
Online Marketplace Price data set.
Standard_price: the standard purchasing price for one unit of each raw material.
Material_ID: a unique identifier for each material.
Grade_main: the grade level of the material. (Note: The company only keeps materials with grade level “A.”)
Quantity on hand: the number of units of the raw material on hand in inventory.
Marketplace vendor: vendor for raw materials on the online marketplace.
Avgtransactionprice: average transaction price per unit for a specific vendor and a specific raw m

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