Drought conditions spike demand during the summer to an annualized rate of 27,000 cans per year and the price rises to $12 per can with a holding cost of 20%. What is the required order cost per lot?

A) 9.2 cents
B) 92 cents
C) $9.20
D) $92.00

Answer: B

Business

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In ________, the Federal Consumer Protection Act of 1975 (FCPA) was modeled in large part after several U.S. consumer protection statutes

The FCPA covers areas such as advertising, warranties, consumer credit disclosure, and unconscionable clauses in contracts. A) Great Britain B) Mexico C) Australia D) Canada

Business

According to the excuse of ________, a party may not rely on a failure of the other party to perform, to the extent that such failure was caused by the first party's act or omission

A. nachfrist notice B. force majeure C. anticipatory avoidance D. dirty hands

Business