Potential suppliers of an underground control valve

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Reference no: EM131783344

Chris Sandvig Irrigation, Inc has summarized the price list from four potential suppliers of an underground control valve. See the table below Annual usage is 700 valves order cost is $14 per order and annual inventory holding costs are $2.15 per unit. Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Chris Sandvig Irrigation should order units at a time from (enter your response as a whole number). I've seen answers to this question - but I don't understand how the sample quantity was chosen.

Reference no: EM131783344

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

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