How do I Calculate the total cost of ownership for each supplier? Image of the table is available below, Thanks!

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 1.4A
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How do I Calculate the total cost of ownership for each supplier? Image of the table is available below, Thanks!

Supplier A Supplier B
(India) (Argentina)
$425,000 $350,000
$20,000 $25,000
$30,000 $75,000
Customs $10,000 $10,000
Duties
Annual
Cost
Product
cost
Inland
Freight
Ocean
Freight
Inventory $20,000 $25,000
Carrying
Cost
Quality
Defects
$15,000 $25,000
Transcribed Image Text:Supplier A Supplier B (India) (Argentina) $425,000 $350,000 $20,000 $25,000 $30,000 $75,000 Customs $10,000 $10,000 Duties Annual Cost Product cost Inland Freight Ocean Freight Inventory $20,000 $25,000 Carrying Cost Quality Defects $15,000 $25,000
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