The Manager of the Quick Stop Corner Convenience Store (Which

question 105

Multiple Choice

The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day.Order costs are $20.00 per order,and Stein beer costs $8.00 per six-pack (each case of Stein beer contains four six-packs) .Orders arrive three days from the time they are placed.Daily holding costs are equal to five percent of the cost of a Stein beer case. If he were to order 16 cases of Stein beer at a time,what would be the length of an order cycle?

• A)0.25 days
• B)3 days
• C)1 day
• D)4 days
• E)20 days

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Definitions:

British Policies

Refers to the laws, regulations, and actions taken by the British government or authorities which can have domestic or international effects.

Colonists

describes individuals who settle in territories often claimed or controlled by another country, usually in pursuit of economic opportunities and new lives, such as the settlers of the American continents by European powers.

Committees of Observation

Local groups established in the American colonies to enforce the boycotts imposed by the Continental Congress and to resist British policies leading up to the American Revolution.

Tactics

Specific actions, strategies, or maneuvers used to achieve a particular objective, often within a larger plan or strategy.