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question 33

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Use the following to answer the questions below.
The Steele Bike Company assembles bicycles for a major retail toy outlet.The main purchase is bicycle frames for making these bicycles.Dan Steele,the owner,wants to locate a low-cost supplier for the frames used in this assembly operation.The supplier will be selected based on total annual cost to supply Steele's needs.Annual requirements are for 100,000 frames,and the company operates 200 days a year.Two suppliers,Acme and State,have quoted the same price for the frames,but quantities,lead times and shipping costs are considerably different.The following data are available for the two suppliers.
Use the following to answer the questions below. The Steele Bike Company assembles bicycles for a major retail toy outlet.The main purchase is bicycle frames for making these bicycles.Dan Steele,the owner,wants to locate a low-cost supplier for the frames used in this assembly operation.The supplier will be selected based on total annual cost to supply Steele's needs.Annual requirements are for 100,000 frames,and the company operates 200 days a year.Two suppliers,Acme and State,have quoted the same price for the frames,but quantities,lead times and shipping costs are considerably different.The following data are available for the two suppliers.    -Refer to the instruction above.What are the annual material savings available when comparing the two suppliers? A) $7,800 B) $390,000 C) $750,000 D) The materials are the same cost from either supplier
-Refer to the instruction above.What are the annual material savings available when comparing the two suppliers?


Definitions:

Total Body Length

The measurement from the top of the head to the bottom of the feet in a standing position.

Growth Rate

The rate at which a biological organism grows in size, a quantifiable measure often used in pediatrics and developmental biology.

Gender Differences

Pertains to the distinctions in characteristics, behaviors, roles, and psychological attributes traditionally associated with being male or female in a society.

Ossified

Becoming rigid or inflexible, often used metaphorically to describe ideas or structures that are no longer open to change.

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