Technico Manufactures About 800,000 Solar Calculators Per Year

question 31

Multiple Choice

Technico manufactures about 800,000 solar calculators per year. The computer chips used in the calculator cost $4.80 each, and the cost of placing an order is $65. If the carrying costs are 16%, what is the EOQ for the chips?

• A) 25,495
• B) 3,162
• C) 8, 229
• D) 11,637

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Definitions:

Santorini

A volcanic island in the Aegean Sea, known for its dramatic caldera, white-washed buildings, and as a significant archaeological site.

Mantle Plume

A narrow, ascending column of hot, solid material from the deep mantle that can create hotspots and volcanic activity at the Earth's surface.

Subduction

The process by which one tectonic plate moves under another, diving into the earth’s mantle, often causing volcanic activity and earthquakes.

Transform Fault

A type of fault where two tectonic plates slide past one another horizontally, often causing earthquakes.