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3. Kye Inc. has listed the price for two potential suppliers as shown in Table 2. Kye uses 700 units of wheel per month,

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3. Kye Inc. has listed the price for two potential suppliers as shown in Table 2. Kye uses 700 units of wheel per month, estimate holding cost to be 30% of the purchase price, estimate order cost to be RM50 per order. Recommend the vendor to be selected. Quantity (Kuantiti) 1-499 500-999 1000+ Vendor 1 Price/unit (RM) (Harga/unit) 16.00 15.50 15.00 Table 2 Quantity (Kuantiti) 1-399 400-799 800+ Vendor 2 Price/unit (RM) (Harga/unit) 16.10 15.60 15.10

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