Describe the policies that are based on the ABC analysis of inventory. Bosch Appliances has an expected demand of 50 units for their regular components per day. The component can be purchased from either supplier 1 or supplier 2. The price list for each supplier is shown in the table below. The 4.2 ordering cost is R120 and the annual holding cost is 30% of the unit cost. The company works 300 days in a year. Which supplier should Bosch choose and at what order quantity? Show full calculations. Supplier 1 Quantity 1-500 501-1200 1201 + Unit price R40 R37 R36 Quantity 1-599 Supplier 2 600-1199 1200+ Unit price R39.50 R37 EPT2601/101 R35