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 for aparticular 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)(p)$7.15$7,15AnnualSupplierBradleyAlexander10,00025,000$40.000 $26.00050,000$18.000Cost/Unit (H)(wks)Administrative Cost$15.000$1.43$1.43$30,000$25,000$17,0006$10,000a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest?UsingV and a shipping quantity ofunits is the lowest cost alternative, with annual total costs to Weekend Projects of $. (Enter your responseas an integer.)

Weekly demand = d = 100,000 / 50 = 2000 units. We find the total annual costs for each supplier…

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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