Which vendor should be selected

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Reference no: EM131259724

Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers of an underground control valve.

See the accompanying table.

Annual usage is 2,400 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?

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Reference no: EM131259724

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