To minimize the cost of purchasing equipment, the value, the number of computers, and the shipment are averaged, and a larger quantity of computers is chosen from the cheapest offer and a smaller quantity from the highest price.
To know the final price of each computer, we multiply the value of each computer by the maximum number of computers that the supplier sells us and we add it to the shipping price, finally we divide it into the maximum number of computers that the supplier sells to us to find out the final average price of each supplier.
Average price supplier 1
$500 × 500 =$250000
$250000 + $5000 = 255000
$255000 ÷ 500 = $510
Average price supplier 2
$350 × 900 = $315000
$315000 + $4000 = $319000
$319000 ÷ 900 = $354,44
Average price supplier 3
$250 × 400 = $100000
$100000 + $6000 = $106000
$106000 ÷ 400 = $265
According to the above, the state university should buy 400 computers from provider 3, 500 computers from provider 2, and 200 computers from provider 1 to minimize the value and acquire computers from the 3 providers.
400 × $265 = $106000
500 × $354,44 = $177220
200 × $510 = $102000
According to the above, the total money spent by the state university on computers was $ 1980200
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