Question: A company will begin stocking remote control devices. Expected annually demand is 8 0 0 units. The controllers can be purchased from either supplier A
A company will begin stocking remote control devices. Expected annually demand is units. The controllers can be purchased from either supplier A or supplier B Their price lists are as follows: Ordering cost is and annual holding cost is estimated at percent of unit price per unit. Whic supplier should be used and what order quantity is optimal if the intent is to minimize total cost. The answer is A and but i cant seem to get to that solution
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
