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A retailer is considering the purchase of 250 units of a specific item from either two suppliers. Their offers are as follows: Supplier one :
A retailer is considering the purchase of 250 units of a specific item from either two suppliers. Their offers are as follows:
Supplier one : $400 a unit, total of $100,000, 1/10, n/30, no charge for freight.
Supplier two: $399 unti, total of $90,750, 2/10, n/30, plus frieght of $975.
Which of the two offers, Suppliers One or Supplier Two, yields the lower price?
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