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A company will begin stocking remote control devices. Expected monthly demand is 800 units. Ordering cost is $40 ad annual holding cost is $4.80 per
A company will begin stocking remote control devices. Expected monthly demand is 800 units. Ordering cost is $40 ad annual holding cost is $4.80 per unit per year. The devices can be purchased from either supplier A or B. Their price lists are as follows:
a) What supplier and order size the company should use?
Please be elaborate with answer/explanation. Thank you
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