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Ellery Products manufactures various components for the fashion industry. Ellery buys fabric from two vendors: Ewers Textiles and Bramford Materials. Ellery chooses the vendor based
Ellery Products manufactures various components for the fashion industry. Ellery buys fabric from two vendors: Ewers Textiles and Bramford Materials. Ellery chooses the vendor based on price. Once the fabric is received, it is inspected to ensure that is suitable for manufacturing purposes. Ellery disposes of fabric that is deemed unsuitable. The controller at Ellery collected the following information on purchases for the past quarter Total purchases yards Fabric discarded yards Branford The purchasing manager has just received bids on an order for yards of fabric from both Ewers and BramfordEwers bid $ and Bramford bid $ Assume that the average qualitymeasured by the amounts discarded from the two companies will continue as in the past Required: a What bid by Ewers would make Ellery Indifferent between buying from Ewer or Bramford Note: Round your answer to decimal places
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