Varo Inc., a pharmaceutical company, plans to develop a drug that would treat the diseases caused by a new strain of virus. In order to assist the in-house doctors in developing the drug, the company hires a scientist who has previously done research on the virus. The company intends to use the scientist's expertise on the subject to create a useful drug. In the given scenario, Varo Inc. has hired a(n) .

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 $