Question: My Kitchen Delights ( MKD ) is considering two new suppliers for the jars used in the production process. The quality at both suppliers is
My Kitchen Delights MKD is considering two new suppliers for the jars used in the production process. The quality at both suppliers is equal. Assume that the annual holding cost is percent of the unit price. Monthly demand averages jars. Ordering cost with these two suppliers is $ per order. The price lists for the suppliers are as follows: Supplier A: quantity ; unit price $ quantity ; unit price $ quantity ; unit price $ quantity or more; unit price $ Supplier B: quantity ; unit price $ quantity ; unit price $ quantity ; unit price $ quantity ; unit price $ quantity or more; unit price $Round your answers to decimal place, ega Determine the optimal order quantity when using Supplier A jars b Determine the optimal order quantity when using Supplier B jars c Given MKDs lack of space, which supplier do you recommend be used? Supplier
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