Question

John Deere Irrigation has summarized the price list from four potential suppliers of an underground valve given in the table below. Monthly usage is 200 valve, order cost is `10 per order and annual inventory holding cost are `3.33 per unit. Which vendor should be selected and what order quantity is best if john Deere Irrigation wants to minimize total cost?
Vendor A
Quantity Price (`) Quantity
1-49 50-74 75-149 150-299 300-499 500+
35.00 1-74 34.75 75-149 33.55 150-299 32.35 300-499 31.15 500+ 30.75
Price (`)
34.75 34 32.80 31.60 30.50
Vendor C Quantity Price (`)
Vendor D Quantity Price (`)
1-99 34.50 1-199 34.25 100-199 33.75 200-399 33.00 200-399 32.50 400+ 31.00
400+ 31.10

Answer 1

Answer:

253739 is the answer of this question