Consider the data on Inventory for Blenders Over a 20-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 30 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the ordering costs were $32 each time the product is ordered, what are the total ordering costs during the 20-day period?



a. $114

b. $96

c. $76

d. $182


b. $96

Business

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Indicate whether the statement is true or false

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Halbeck, LLC was negligent in its audit of E-treme, Inc Unbeknownst to Halbeck, E-treme used the financial statements to secure a loan from Great State Bank. Under the Ultramares doctrine, Halbeck will be liable to Great State Bank for its losses on the loan

a. True b. False Indicate whether the statement is true or false

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An origination fee

A. increases the yield on a loan to the bank. B. increases the amount of money the firm may borrow. C. reduces the cost of a loan to the borrower. D. increases the discount on commercial paper.

Business

Experience curve efficiencies refers to

A. expanding a business globally to decrease per unit costs. B. having more experienced team members. C. insights gained by employees that lead to improved work performance. D. the outcomes of learning effects and economies of scale.

Business