Question: Wanda Lux must select a supplier for a plastic bottle and proprietary dispenser for its new hair shampoo Three suppliers have placed bids at Wanda's

Wanda Lux must select a supplier for a plastic
Wanda Lux must select a supplier for a plastic bottle and proprietary dispenser for its new hair shampoo Three suppliers have placed bids at Wanda's request, all bids are for a shipping quantity (Q) of 20000 bottles with annual requirements (D) of 40,000 units Wanda's factory operates 250 days a year. The following table shows each supplier's price, estimated annual freight costs, and current lead times management has added estimates for holding costs and administrative oversight costs for each supplier. Freight Price/Unit Annual Holding Lead Time Annual Administrative Supplier Costs (P) Cost/Unit (H) (L) (days) Costs Dover Plastics $4,500 $5.00 $1.00 14 $5,000 Evan & Sons $3,000 $5.05 $101 18 $4,000 Farley Inc $3,500 $5.15 $1.03 17 $3.000 a. Which of the three suppliers will provide the lowest annual cost to Wanda Lux? Using is the lowest cost alternative, with annual total costs to Wanda Lux of $ rounded to the nearest whole number) (Enter your response

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