ABC, inc, produces a GPS device that is becoming popular in parts Scandinavia. When ABC produces one of these, a printed circuit board

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$$is used, and it is populated with several electronic components. ABC determines that it needs about

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$$of this type of PCB each year. Demand is relatively constant throughout the year, and the ordering cost is about

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$$per order. The holding cost is

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$$of the price of each PCBs

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$$Two companies are competing to become the dominant supplier of the PCBs

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$$and both have now offered discounts, as shown in the following table. SUPPLIER A SUPPLIER Quantity $1-199$ $$14\mathrm{.}00$ $$14\mathrm{.}10200-49913\mathrm{.}30150-3491390500$ or more $1360350$ or more $13\mathrm{.}70$ Suppose ABC wishes to minimize the total annual inventory costs and selects supplier A and consides to order

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$$unit$.$ What would be the approxiamte annual inventory cost for quantity

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