A law firm always orders 50 cases of paper from their office supply company. They incur an annual holding cost of $15 per case and have an ordering cost of $25 each time they place an order

If their annual demand is 480 cases, how much could they save annually by switching to their economic order quantity?
A) $15
B) $25
C) $40
D) $80

Answer: A

Business

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Some totalitarian regimes have fostered a market economy and strong property rights protection and have experienced rapid economic growth.

a. true b. false

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The Motrin crisis surrounding the "Baby Wearing" commercial highlights the need for organizations to ________

A) create more humorous ads B) target niche markets C) communicate with consumers D) prepare for the new media E) reach out to connectors

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