Question: Please answer using Excel and please show work & Formulas thank you! Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers
Please answer using Excel and please show work & Formulas
thank you!
Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers of an underground control valve. See the table below. Annual usage is 1,000 valves; order cost is $12 per order; and annual inventory holding costs are $5.25 per unit. Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Chris Sandvig Irrigation should order units at a time from (enter your response as a whole number)
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