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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 900 valves; order cost is $12 per order, and annual inventory holding costs are $5.25 per unit. Vendor A Price $35.00 34.75 33.55 32.35 31.15 30.75 D Vendor BR Price $34.75 34.00 32.80 31.60 30.50 Quantity 1-14 15-24 25-99 100-199 200-399 400+ Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Chris Sandvig Irrigation should order (enter your response as a whole number). units at a time from Quantity 1-24 25-99 100-199 200-399 400+ Vendor C Quantity 1-49 50-149 150-299 300+ D Price $34.50 33.75 32.50 31.10 Vendor D Quantity 1-149 150-299 300+ Price $34.25 33.00 31.00
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