A firm uses $20,000 of an item per year. The carrying cost is 25%, the cost of ordering is $10 and the
order quantity is $1,000. The annual total cost of carrying plus ordering would be:
A) $500.
B) $816.
C) $5,000.
D) $2,500.
E) none of the above
B
Business
You might also like to view...
The functional interchangeability test is used in defining the relevant product or service market
Indicate whether the statement is true or false
Business
Your boss does not follow through on his/her promise to pay you double for hours worked overtime. When asked again to work overtime, you decline. This is an example of:
A) employer/employee relations. B) operant conditioning. C) social learning. D) lack of commitment.
Business