In the EOQ Model with Planned Shortages,if Annual Demand Is

question 134

Multiple Choice

In the EOQ model with planned shortages,if annual demand is 100,holding cost is $400,ordering cost is $20,and back-order cost is $200,the quantity back-ordered per replenishment cycle,rounded to the next whole number,is:

• A)3
• B)4
• C)5
• D)7
• E)20

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Definitions:

Charge

In physics, charge refers to a property of matter that causes it to experience a force when near other electrically charged matter; there are two types, positive and negative, which attract each other.

Solvent

Liquid that holds another substance in solution.

Anion

Ion carrying a negative charge.

Positively Charged

Having more protons than electrons, resulting in a net positive electric charge.