The optimal order quantity is an amount that minimizes the ______.

A. sum of the total annual ordering costs and the total annual holding costs
B. total annual holding costs
C. total annual ordering costs
D. difference between the total annual ordering costs and the total annual holding costs


A. sum of the total annual ordering costs and the total annual holding costs

Business

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A machine was purchased for $39,000 . It has a current carrying value of $18,000 and had a depreciable cost of $25,000 . Its estimated residual value must have been

a. $18,000. b. $14,000. c. $11,000. d. $21,000.

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________ is the hierarchy of all jobs based on value to the organization which provides the basis for the pay structure.

A. Work culture B. Factor degree C. Job structure D. Job description E. Job process

Business

Which of the following most accurately describes the concept of forecasting?

a. Estimate past demand b. Summarize past sales c. Estimate future demand d. Summarize future pricing

Business

Three years ago, Suzanne bought a new personal automobile for $26,900. This year, she sold it for $19,000. What is the amount and character of Suzanne's recognized loss?

A. $26,900 long-term capital loss. B. No loss recognized on the sale of a personal asset. C. $7,900 long-term capital loss. D. $7,900 ordinary loss.

Business