When quantity discounts are allowed, the cost-minimizing order quantity:
A) is always an EOQ quantity.
B) minimizes the sum of holding and ordering costs.
C) minimizes the unit purchase price.
D) may be a quantity below that at which one qualifies for that price.
E) minimizes the sum of holding, ordering, and product costs.
E
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If 20,000 shares are authorized, 15,000 shares are issued, and 500 shares are held as treasury stock, a cash dividend of $1 per share would amount to $15,000
a. True b. False Indicate whether the statement is true or false
The principal offensive strategy options include all of the following except
A. using hit-and-run or guerrilla warfare tactics to grab sales and market share from complacent or distracted rivals. B. initiating a market threat and counterattack simultaneously to effect a distraction. C. pursuing continuous product innovation to draw sales and market share away from less innovative rivals. D. offering an equally good or better product at a lower price. E. launching a preemptive strike to secure an advantageous position that rivals are prevented or discouraged from duplicating.
Inventories needed for the production of services and goods (inputs to a firm's transformation processes) are called:
A) quarantined materials. B) work-in-process. C) raw materials. D) finished goods.
According to the EPQ model, if the production run size is Q and the production rate is p, then the number days of production run is given by ______.
a. Q * p b. Q / p c. p / Q d. p * Q