Walrus Company Has the Following Information Available Concerning One of Its

question 102

Multiple Choice

Walrus Company has the following information available concerning one of its inventory items: $$\begin{array} { l r } \text { Cost of placing an or der } & \$ 30.00 \\\text { Unit carrying cost per year } & \$ 3.00 \\\text { Annual unit demand } & 6,625 \\\text { Safety stock } & 125 \\\text { Average daily demand } & 25 \\\text { Normal lead time in days } & 10\end{array}$$ The economic order quantity for this item is

• A)1,500 units.
• B)364 units.
• C)140 units.
• D)725 units.

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Definitions:

Values

Fundamental beliefs or principles that guide behaviors and decisions in individuals and societies.

Macrostructures

Overarching patterns of social relations that lie outside and above one’s circle of intimates and acquaintances. Macrostructures include classes, bureaucracies, and power systems such as patriarchy.

Macrostructures

Large-scale social structures that influence or determine patterns and behaviors within a society, such as class hierarchies, power systems, and institutional frameworks.

International Organizations

Entities formed by treaties between sovereign states that work together to promote international cooperation, peace, and development.