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Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers of an underground control valve. See the table below. Annual usage is
Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers of an underground control valve. See the table below. Annual usage is 1,100 valves, order cost is $13 per order, and annual inventory holding costs are $7.55 per unit. Vendor A Vendor EB Vendor Vendor D Price $34.75 34.00 32.80 31.60 30.50 Price $34.50 33.75 32.50 31.10 Price $34.25 33.00 31.00 Price Quantity 1-14 15-24 25-99 100-199 200-399 400+ 34.75 33.55 32.35 31.15 30.75 Quantity 1-24 25-99 100-199 200-399 400+ Quantity 1-49 50-149 150-299 300+ Quantity 1-149 150-299 300+ Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Chris Sandvig Irrigation should orderunits at a time from (enter your respons as a whole number )
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