lomework $-$

ration

Question $2,$ Problem $4$

HW Score: $50\%,1$ of $2$ points

Points: $0$ of $1$

Eight Flags operates several amusement parks in the Midwest. The company stocks machine oil to service the machinery for the many rides at the parks. Eight Flags needs $40,000$ gallons $($D$)$ of oil annually; the parks operate $50$ weeks a year. Management is unsatisfied with the current supplier of oil and has obtained two bids from other suppliers. The data are contained in the following table.

$\backslash$table$[[$Supplier$,\backslash$table$[[$Ant$],[$Shi$]],\backslash$table$[[$Freight$],[$ig Quant$]],15,000,\backslash$table$[[$Price$/$Unit$],[($p$)]],\backslash$table$[[$Annual$],[$Holding Cost$/$Unit$],[($H$)]],\backslash$table$[[$Lead Time $($L$)],[($wks$)]],\backslash$table$[[$Annual Administrative$],[$Cost$]]],[$Sharps$,$$$5,200,$$$3,500,$$$3,000,$$$4\mathrm{.}10,$$$0\mathrm{.}82,5,$$$4,500$