Using the fixed-order-quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80, and a holding cost per unit per year of $4?

A. $1,889
B. $1,200
C. $2,267
D. $849
E. $2,400


Answer: E

Business

You might also like to view...

Toyota and Honda are two examples of companies that exhibit key characteristics of transnationality

Indicate whether the statement is true or false

Business

Since this year online sales has increase 20% advertisers plan to allocate a greater part of there marketing budget to media promotion

What will be an ideal response?

Business

The adoption of the marketing concept at the level of the individual salesperson and the customer is referred to as

A. adaptive selling. B. sales 2.0. C. social selling. D. seller-related knowledge. E. customer-oriented selling.

Business

Use the information in Table A.3 and the minimax regret decision rule. The maximum regret is:

A) less than $300,000 if the high-flying consultant job is selected. B) less than $300,000 if the utility analyst job is selected. C) less than $300,000 if the research assistant job is selected. D) lowest for the research assistant job.

Business