Figure 24-2 Hapsburg Manufacturing Purchases Components Produced by Little Company in the in the Manufacture

question 36

Multiple Choice

Figure 24-2
Hapsburg Manufacturing purchases components produced by Little Company in the manufacture of its main product. For the next year, Hapsburg expects to use a total of 20,000 parts. Hapsburg typically orders 2,000 units at a time. The cost of placing an order is £100, and the average annual cost of carrying one unit of inventory is £5.
-Refer to Figure 24-2. Hapsburg's total inventory cost is

• A)£5,100.
• B)£6,000.
• C)£10,000.
• D)£20,000.

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Definitions:

Self-Regulation

is the ability of individuals to manage their own thoughts, emotions, and behaviors to achieve long-term goals.

Industry Watchdog

An organization or group that monitors and reports on the practices and ethics within a specific industry to ensure they abide by legal and ethical standards.

Written Code

Refers to any system of symbols or rules for communication, often applied to computer programming languages.

Corporate Espionage

The practice of illegally obtaining trade secrets or confidential information from competitors or other businesses.