A company faces fixed costs of $100,000 and variable costs of $8 per unit. It plans to directly sell its product in the market for $12. How many units must it produce and sell to break even?

John was in a car accident and was not able to work for three weeks. Luckily, he had purchased insurance that paid him during this time period. What type of insurance had John purchased which paid him for the three weeks?

a. life b. disability c. unemployment d. collision

Which of the following techniques has the reorder point based on each inventory item's sales rate?

a. cyclical reordering b. reorder point (ROP) analysis c. ABC analysis d. EOQ models