Krause Precision Tools, Inc will use an estimated 700,000 small processors in its manufacturing
process next year. The carrying cost of processor inventory is $3.00 per unit and the cost of
reordering processors is $100 per order.
What is Krause's economic ordering quantity for small
processors?
A) 7,118 B) 7,300 C) 6,831 D) 6,340
C
You might also like to view...
Which of these is not a category considered for evaluation when awarding the Malcolm Baldrige Quality Award?
a. Business results b. Leadership c. Net operating income d. Human resource focus
Katherine was born in 1970. She is environmentally conscious and media-savvy. She is most likely to be a member of which generational group?
A. baby boomer generation B. GI generation C. Generation X D. silent generation E. Generation Y
Liquidity measures a company's ability:
A) to meet its long-term financial obligations as they become due. B) to meet its short-term financial obligations as they become due. C) to make a profit in the short-run. D) to make a profit in the long-run.
A principal may be liable for the tort of an agent committed within the scope of the agency or employment.
Answer the following statement true (T) or false (F)