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

Apply the concept of economic order quantity to manage inventory efficiently.

Understand the core values and ethical principles of social work as outlined by the NASW Code of Ethics.

Recognize social workers' ethical responsibilities to clients, including confidentiality and self-determination.

Identify social workers' ethical responsibilities to colleagues, emphasizing consultation, cooperation, and respect.

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Definitions:

Magnuson-Moss Warranty Act

A federal law enacted in 1975 that governs warranties on consumer products to ensure transparency and fairness.

Transferee

An individual or entity that receives the transfer of property, rights, or interest from another.

Comprehensive Consumer Credit Report

A detailed report containing the credit history of an individual, including credit accounts, inquiries, and public records, used by lenders to determine creditworthiness.

Character

The set of moral and mental qualities and beliefs that distinguish one person from another.