Scenario 9.5 Tom Bergman, Owner and Operator of the Earplug Superstore, Is

question 123

Multiple Choice

Scenario 9.5
Tom Bergman, owner and operator of the Earplug Superstore, is reviewing the costs associated with the store's best-selling hearing aid, the BZ15. The data available to Dr. Bergman concerning this device follow.
Demand = 25 units/week
Order cost = $3/order
Holding cost = $1.50/unit/year
The Earplug Superstore operates 52 weeks a year.
-An item experiences an annual demand of 7,200 units. It costs $8 to hold an item in inventory for one year and $16 to place an order. If the EOQ model is used, what is the time between orders? Assume that there are 52 business weeks in a year.

• A) less than 1 week
• B) greater than 1 week but less than or equal to 2 weeks
• C) greater than 2 weeks but less than or equal to 3 weeks
• D) greater than 3 weeks

Discuss behavioral techniques to modify personality and behavior according to social cognitive theory.

Identify and analyze examples of self-regulation in behavior.

Recognize and interpret instances of observational learning in real-life scenarios.

Analyze the role of modeling in learning and the factors influencing it.

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Definitions:

Indiscriminate

Lacking in selectivity, judgment, or discernment; not making or showing careful distinctions or choices.

Cooperative

The act or process of working together towards common goals or interests, often emphasizing mutual assistance and collaboration.

Parallel

An analogy or comparison between two things based on their being alike in some way; in mathematics and geometry, describing lines or planes that never meet, regardless of how far they are extended.

Prosocial

Pertaining to behaviors that are positive, helpful, and intended to promote social acceptance and friendship.