Question
Construction Materials and Management Question on Estimation and Costing
| A company is required to process 3 items A, B and C. The prices quoted for these items (in DNA) by suppliers S1, S2 and S3 are given in table.Item | Supplier |
|---|---|
| S1 | S2 |
| A | 150 |
| B | 207 |
| C | 315 |
| The company decides that each item has to be supplied by only one supplier and one supplier will supply one item. The minimum total cost of procurement to the firm in INR is |
A
600
B
740
C
675
D
672
Answer
600
Explanation
Solution
The correct option is (A): 600