Question

M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is 700 units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering cost is $50, and annual holding cost per unit is $4 Allen Quantity Unit Price Quantity $16.00 15.50 Unit Price 1-499 $16.10 15.60 5.10 400-799 1000+ 15.00 a) What is the economic order quantity if price is not a consideration? 458 units (round your response to the nearest whole number) b) Which supplier, based on all options with regard to discounts, should be used? Allen Mig. c) What is the optimal order quantity and total annual cost of ordering, purchasing, and holding the component? The optimal order quantity iswith a total cost of (round your responses to the nearest whole number). in the edit fields and then click Check Answer. r All 27
0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 9 more requests to produce the answer.

1 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT