Question: A company will begin stocking remote control devices. Expected annual demand is 5000 units. Ordering cost is $100 and annual holding cost is $4 per

A company will begin stocking remote control

A company will begin stocking remote control devices. Expected annual demand is 5000 units. Ordering cost is $100 and annual holding cost is $4 per unit per year. The devices can be purchased from either supplier A or supplier B. Their price lists are as follows: Supplier A Quantity Unit Price 0-249 $ 14.00 Supplier B Quantity Unit Price 0-199 $ 14.10 200-349 $ 13.75 250-549 $ 13.80 550+ $ 13.60 350+ $ 13.60 Which supplier and order size the company should use

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