GreenCo packing company, one of Boeing's suppliers, has a packing machine, with a special valve that...
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GreenCo packing company, one of Boeing's suppliers, has a packing machine, with a special valve that is normally replaced every 3 weeks when the machine is idle. As a result, they use 16 valves per year. They estimated that the cost of a failed valve is $1000. The purchase price and quality for 3 suppliers are as follows: Price per valve % Good Supplier A $40 96% Supplier B $50 97.5% a. Calculate the total cost to purchase valves for each supplier. Supplier C $65 98.8% GreenCo packing company, one of Boeing's suppliers, has a packing machine, with a special valve that is normally replaced every 3 weeks when the machine is idle. As a result, they use 16 valves per year. They estimated that the cost of a failed valve is $1000. The purchase price and quality for 3 suppliers are as follows: Price per valve % Good Supplier A $40 96% Supplier B $50 97.5% a. Calculate the total cost to purchase valves for each supplier. Supplier C $65 98.8%
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supplier A supplier B supplier C price per valve 40 50 65 good 096 0975 098... View the full answer
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