A Firm Has 56 Units of Product X on Hand

question 40

Multiple Choice

A firm has 56 units of product X on hand.Forecasts of demand are for 20 units per week.A production quantity of 100 units is planned for period 3.Customer orders are 24 for period 1,18 for period 2,and 15 for period 3. What quantity is available for commitment to new customers prior to the receipt of the production quantity in week 3?

• A)14
• B)32
• C)12
• D)20
• E)22

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Definitions:

Mental Institutions

Facilities specifically designed for the treatment and care of individuals with mental disorders.

Experimental Controls

The use of techniques in scientific experiments to minimize the effects of variables other than the independent variable, ensuring the results are due to the variable being tested.

Information-Processing Model

A cognitive approach that uses the analogy of a computer to explain how human mind manages information.

Psychodynamic

Relating to a psychological approach that emphasizes systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.