a.
Interpretation:
The Optimal order quantity using supplier-A.
Concept Introduction:
The economic order quantity (EOQ) at unit prices offeredis determined using the following formula:
b.
Interpretation:
The Optimal order quantity using supplier-B.
Concept Introduction:
The economic order quantity (EOQ) at unit prices offered is determined using the following formula:
c.
Interpretation:
The recommendation of the supplier out of A and B.
Concept Introduction:
The economic order quantity (EOQ) at unit prices offered is determined using the following formula:
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