Read the paragraph. the gonzales family offers an impressive example of environmental consciousness. family members turn off lights and electronics as they leave their rooms. when the family is gone for the day, the air conditioning is set at a slightly higher temperature to reduce cooling costs. mr. and mrs. gonzales use reusable grocery bags that the family stores in the pantry. a backyard garden provides more than half of the vegetables that the family consumes, and rain barrels are used to irrigate the crops.

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $