For the EOQ model, which of the following relationships is incorrect?
a. As the order quantity increases, the number of orders placed annually decreases.
b. As the order quantity increases, annual holding cost increases.
c. As the order quantity increases, annual ordering cost increases.
d. As the order quantity increases, average inventory increases.
C
You might also like to view...
What type of people should you use for letters of recommendation?
a. teachers b. previous employers c. business professionals d. all of the above
On December 1 . 2014, Boron Inc signed an operating lease for a warehouse for ten years at $15,000 per year. Upon execution of the lease, Boron paid $30,000 covering rent for the first two years. How much should be shown in Boron's income statement for the year ended December 31 . 2014, as rent expense?
a. $0 b. $1,250 c. $15,000 d. $30,000
Typically, a more expensive shipping option is:
A) slower with a lower holding cost. B) slower with a higher holding cost. C) faster with a lower holding cost. D) faster with a higher holding cost. E) faster, but holding cost is unaffected by delivery speed.
The Civil Rights Acts of 1866 and 1870 were passed during the Reconstruction era immediately following the:
a. Cold War. b. Civil War. c. World War II. d. World War I.