Mark Achin Sells 3,600 Electric Motors Each Year

question 111

Multiple Choice

Mark Achin sells 3,600 electric motors each year.The cost of these is $200 each,and demand is constant throughout the year.The cost of placing an order is $40,while the holding cost is $20 per unit per year.There are 360 working days per year and the lead-time is 5 days.If Mark orders 200 units each time he places an order,what would his total ordering cost be for the year?

• A)$2,000
• B)$2,720
• C)$200
• D)$720
• E)None of the above

Recognize the role of punishment in shaping behavior.

Understand the concepts of positive reinforcement and negative reinforcement.

Distinguish between operant conditioning and other learning theories.

Relate the effects of partial and continuous reinforcement on behavior.

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Definitions:

Agreeableness

A personality trait characterized by warmth, kindness, and a cooperative attitude.

Networking Behaviours

Actions taken by individuals to establish and maintain relationships with others for the purpose of professional or personal advancement.

Political Skill

The ability to effectively understand others and use such knowledge to influence them to act in ways that enhance one's personal or organizational objectives.

Job Satisfaction

The degree to which employees feel fulfilled and content with their job and work environment.