Q1. The following Chris Sandvig Irrigation, Inc. has summarized the price list from two potential suppliers of an underg

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Q1 The Following Chris Sandvig Irrigation Inc Has Summarized The Price List From Two Potential Suppliers Of An Underg 1 (110.19 KiB) Viewed 41 times

Q1. The following Chris Sandvig Irrigation, Inc. has summarized the price list from two potential suppliers of an underground control valve. Annual usage is 2400 valves; order cost is $10 per order; and annual inventory holding costs are $3.33 per unit. Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Vendor A Vendor B Quantity Price Quantity 1-49 $35.00 1-99 Price $34.50 50-74 $34.75 100-199 $33.75 75-149 $33.55 200-399 $32.50 150-299 $32.35 400+ $31.10 300+ $31.15