Olga Company Has an Economic Order Quantity for Item B

question 66

Multiple Choice

Olga Company has an economic order quantity for item B of 100 units. The annual demand for the product is 1,400 units, and the unit carrying cost per year is $7. What is the cost of placing an order?

• A)$25
• B)$8
• C)$200
• D)$2

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Definitions:

Japanese Culture

The unique set of traditions, arts, and social customs found in Japan, shaped by a long history and characterized by distinct practices such as tea ceremonies, sumo wrestling, and ikebana.

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