On an Annual Requirement of 100 Items Spread Evenly Throughout

question 28

Multiple Choice

On an annual requirement of 100 items spread evenly throughout the year,a purchaser has an opportunity of buying all 100 units at a price of $100 each,or buying 10 units at a time at a price of $130.If the inventory carrying cost is 20 percent per year and assuming no ordering costs:

• A)buying 100 at a time will save the company $2,130 per year.
• B)buying 100 at a time will save the company $2,260 per year.
• C)buying 100 at a time will save the company $3,000 per year.
• D)buying 10 at a time will save the company $1,000 per year.
• E)buying 10 at a time will save the company $870 per year.

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Definitions:

Lateral Armor Plates

The protective bony or cartilaginous plates found on the sides of some animals, such as fish, which serve as a form of defense.

Recessive Allele

An allele that produces its characteristic phenotype only when its paired allele is identical.

Wild Type

The most common genotype or phenotype observed in a natural population, considered the standard or reference to which genetic mutations are compared.

Beak Size

A phenotypic trait representing the dimensions of a bird's beak, which can vary greatly among species and is influenced by genetics and environmental factors.