Question: 1 . A company will begin stocking remote control devices. Expected monthly demand is 8 0 0 units. The controllers can be purchased from either
A company will begin stocking remote control devices. Expected monthly demand is units. The controllers can be purchased from either supplier A or supplier BNote that you are only allowed to purchase from one supplier. Ordering cost is $ and annual holding cost is percent of unit price per unit. Which supplier should be used and what is the optimal order quantity if the intent is to minimize total annual costs? round the optimal order quantity to the nearest integer
Their price lists are as follows:
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