Question: OSB Ltd, located in Windsor, must determine from which one of six sellers the company should purchase a certain product. Note: CAD indicates Canadian dollars

 OSB Ltd, located in Windsor, must determine from which one of

OSB Ltd, located in Windsor, must determine from which one of six sellers the company should purchase a certain product. Note: "CAD" indicates Canadian dollars and "USD" indicates U.S. dollars. The exchange rate is $1 USD equals $1.25 CAD. . Seller A sells the product for $3350 CAD under FOB Buyer's Facility, and ships from the seller's warehouse in Toronto . Seller B sells the product for $3110 CAD under FOB Seller's Warehouse, and ships from the seller's warehouse in Hamilton (Ontario) . Seller C sells the product for $3120 CAD under FOB Toronto, and ships from the seller's warehouse in Montreal . Seller D sells the product for $2400 USD under FOB Toledo Warehouse terms, and ships from the seller's warehouse in Toledo (Ohio, U.S.A.) . Seller E sells the product for $3390 CAD under Delivered terms, and ships from the seller's warehouse in Toronto . Seller F sells the product for $3150 CAD under FOB Delivered Basing Point Toronto, and ships from the seller's warehouse in Hamilton Delivery costs for this product are: . from Hamilton to Windsor: $275 CAD from Montreal to Toronto: $400 CAD from Montreal to Windsor: $500 CAD from Toledo (in USA) to Windsor: $200 USD . from Toronto to Hamilton: $100 CAD . from Toronto to Windsor: $250 CAD As well, there is a 5% Customs duty on this product when it enters Canada from U.S.A. Required: a. Calculate OSB Ltd's landed cost (landed price) for each of the four sellers. (1 mark each = 6 marks) b. From which one seller should OSB Ltd in Windsor purchase the product if OSB Ltd wants to minimize landed cost? (1 mark)

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