XYZ

$,$

$$Inc$.,$ produces a GPS device that is becoming popular in parts of Europe. When the company produces one of these, a printed circuit board

$($

PCB

$)$

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

$9$

$,$

$6$

$0$

$0$

$$per year of this type of PCB

$.$

$$Demand is relatively constant throughout the year, and the ordering cost is about $

$4$

$0$

$$per order, the holding cost is

$2$

$5$

$\%$

$$of the price of each PCB

$.$

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

$,$

$$and both have now offered discounts, as shown in the following table. SUPPLIERA SUPPLIER Quantity

$1$

$-$

$1$

$9$

$9$

$$$

$1$

$4$

$.$

$0$

$0$

$$$

$1$

$4$

$.$

$1$

$0$

$2$

$0$

$0$

$-$

$4$

$9$

$9$

$1$

$3$

$.$

$3$

$0$

$1$

$5$

$0$

$-$

$3$

$4$

$9$

$1$

$3$

$9$

$0$

$5$

$0$

$0$

$$or more

$1$

$3$

$6$

$0$

$3$

$5$

$0$

$$or more

$1$

$3$

$.$

$7$

$0$

$$If XYZ wishes to minimize the total annual inventory cost and chooses Suppler b$,$ What would be the approximate qantity that it should order?