Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters tothe occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier fora particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Managementcollected data on the two suppliers, which are contained in the table below:Annual Freight CostsShipping Quantity (Q)Price/Unit Annual Holding Lead Time (L)Cost/Unit (H)$1.43AnnualSupplierBradleyAlexanderAdministrative Cost$15,000$10.00010.00025,00050,000(p)$7. 15(wks)$40,000$30,000$26,000$18.000$25,000 $17,000$7,15$1.436a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?Using Alexander and a shipping quantity of 10,000 units is the lowest cost alternative, with annual total costs to Weekend Projects of $ 767454. (Enter yourresponse as an integer.)

Given data; Annual Demand 100000 No. of weeks 50 Weekly Demand 2000

Answered: Bradley Solutions and Alexander Limited…

MARKETING 2018

19th Edition

ISBN:9780357033753

Author:Pride

Publisher:Pride

Chapter15: Retailing, Direct Marketing, And Wholesaling

Section15.1: L.l.bean: Open 24/7, Click Or Brick

Problem 3VC

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