3. Kye Inc. has listed the price for two potential suppliers as shown in Table 2....

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3. Kye Inc. has listed the price for two potential suppliers as shown in Table 2. Kye uses 700 units of wheel per month, estimate holding cost to be 30% of the purchase price, estimate order cost to be RM50 per order. Recommend the vendor to be selected. Quantity (Kuantiti) 1-499 500-999 1000+ Vendor 1 Price/unit (RM) (Harga/unit) 16.00 15.50 15.00 Table 2 Quantity (Kuantiti) 1-399 400-799 800+ Vendor 2 Price/unit (RM) (Harga/unit) 16.10 15.60 15.10 3. Kye Inc. has listed the price for two potential suppliers as shown in Table 2. Kye uses 700 units of wheel per month, estimate holding cost to be 30% of the purchase price, estimate order cost to be RM50 per order. Recommend the vendor to be selected. Quantity (Kuantiti) 1-499 500-999 1000+ Vendor 1 Price/unit (RM) (Harga/unit) 16.00 15.50 15.00 Table 2 Quantity (Kuantiti) 1-399 400-799 800+ Vendor 2 Price/unit (RM) (Harga/unit) 16.10 15.60 15.10

Answer rating: 100% (QA)

To recommend the vendor to be selected for Kye Inc we need to calculate the total cost that the company would incur from each vendor which comprises b... View the full answer