A keyboard costs $1000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity?

A) 16
B) 70
C) 110
D) 183

Answer: C

Business

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Whistle blowers are protected by the Whistle-blower Protection Act from:

A. retaliation for reporting illegal activities. B. having their identities disclosed. C. financial losses resulting from reporting illegal activities. D. retaliation for reporting on any government activities.

Business

A transaction uses financing terms that are standard for the community and that do not affect the price paid for the property. This is known as:

A. An arm's length transaction B. Cash equivalent financing C. Market value D. a purchase money loan

Business